PPP Loan information for Innovations for poverty action, a nonprofit corporation

$1,497,500

Innovations for poverty action, a nonprofit corporation was initially approved for PPP Loan of amount $1,497,500, the current approved amount is $1,497,500. The loan was approved on 04/27/2020 by The Citibank, N.A. reported 117 jobs and $1,497,500 was used to fund payroll.

Innovations for poverty action, a nonprofit corporation is Existing or more than 2 years old

INNOVATIONS FOR POVERTY ACTION, A NONPROFIT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

INNOVATIONS FOR POVERTY ACTION, A NONPROFIT CORPORATION

Borrower Address

101 Whitney Ave Floor 2

Borrower City

New Haven

Borrower State

CT

Borrower Zip

06510-1256

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1497500.00

Current Approval Amount

1497500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06510-1256

CD

CT-03

Jobs Reported

117

NAICS Code

541720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1497500.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1515553.19

Forgiveness Date

07/21/2021

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