PPP Loan information for Sustainable forestry initiative, inc.

$592,600

Sustainable forestry initiative, inc. was initially approved for PPP Loan of amount $592,600, the current approved amount is $592,600. The loan was approved on 04/28/2020 by The Summit Community Bank, Inc. reported 31 jobs and $592,600 was used to fund payroll.

Sustainable forestry initiative, inc. is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Sustainable forestry initiative, inc.

SUSTAINABLE FORESTRY INITIATIVE, INC.

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SUSTAINABLE FORESTRY INITIATIVE, INC.

Borrower Address

2121 K ST Suite 750

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20037-1908

Loan Status Date

03/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

592600.00

Current Approval Amount

592600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20037-1908

CD

DC-

Jobs Reported

31

NAICS Code

115310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22600.00

Payroll Proceed

478000.00

Mortgage Interest Proceed

92000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597637.10

Forgiveness Date

03/11/2021

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