PPP Loan information for The democracy collaborative foundation inc

$641,800

The democracy collaborative foundation inc was initially approved for PPP Loan of amount $641,800, the current approved amount is $641,800. The loan was approved on 04/13/2021 by The Optus Bank reported 35 jobs and $641,800 was used to fund payroll.

The democracy collaborative foundation inc is Existing or more than 2 years old

PPP Loan Search / DC / Washington / The democracy collaborative foundation inc

THE DEMOCRACY COLLABORATIVE FOUNDATION INC

Date Approved

04/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

THE DEMOCRACY COLLABORATIVE FOUNDATION INC

Borrower Address

1200 18th St NW Ste 1225 The Ring Building

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-2586

Loan Status Date

08/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

641800.00

Current Approval Amount

641800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124106

Servicing Lender Name

Optus Bank

Servicing Lender Address

1545 Sumter St

Servicing Lender City

COLUMBIA

Servicing Lender State

SC

Servicing Lender Zip

29201-2829

Rural Urban Indicator

U

Hubzone Indicator

Y

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

20036-2586

CD

DC-

Jobs Reported

35

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

641797.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

124106

Originating Lender

Optus Bank

Originating Lender City

COLUMBIA

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

649607.10

Forgiveness Date

07/08/2022

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