PPP Loan information for The literacy lab

$1,872,900

The literacy lab was initially approved for PPP Loan of amount $1,872,900, the current approved amount is $1,872,900. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 395 jobs and $1,872,900 was used to fund payroll.

The literacy lab is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / The literacy lab

THE LITERACY LAB

Date Approved

04/16/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE LITERACY LAB

Borrower Address

1400 16TH ST NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-2216

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1872900.00

Current Approval Amount

1872900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-2216

CD

DC-

Jobs Reported

395

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1872900.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1893189.75

Forgiveness Date

05/18/2021

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