PPP Loan information for The seed foundation inc

$437,500

The seed foundation inc was initially approved for PPP Loan of amount $437,500, the current approved amount is $437,500. The loan was approved on 04/14/2020 by The Truist Bank reported 23 jobs and $437,500 was used to fund payroll.

The seed foundation inc is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / The seed foundation inc

THE SEED FOUNDATION INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE SEED FOUNDATION INC

Borrower Address

1730 RHODE ISLAND AVE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-3101

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437500.00

Current Approval Amount

437500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

20036-3101

CD

DC-

Jobs Reported

23

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

437500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

441413.19

Forgiveness Date

03/11/2021

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