PPP Loan information for Economic policy institute inc.

$946,600

Economic policy institute inc. was initially approved for PPP Loan of amount $946,600, the current approved amount is $946,600. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 46 jobs and $946,600 was used to fund payroll.

Economic policy institute inc. is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Economic policy institute inc.

ECONOMIC POLICY INSTITUTE INC.

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ECONOMIC POLICY INSTITUTE INC.

Borrower Address

1225 I St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20005-3914

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

946600.00

Current Approval Amount

946600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

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

20005-3914

CD

DC-

Jobs Reported

46

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

946600.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

954882.75

Forgiveness Date

04/05/2021

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