PPP Loan information for Democracy at work institute

$240,968

Democracy at work institute was initially approved for PPP Loan of amount $240,968, the current approved amount is $240,968. The loan was approved on 04/03/2021 by The Beneficial State Bank reported 12 jobs and $240,968 was used to fund payroll.

Democracy at work institute is Existing or more than 2 years old

DEMOCRACY AT WORK INSTITUTE

Date Approved

04/03/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

DEMOCRACY AT WORK INSTITUTE

Borrower Address

1904 Franklin St Ste 400

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94612-2906

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240967.50

Current Approval Amount

240967.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448130

Servicing Lender Name

Beneficial State Bank

Servicing Lender Address

1438 Webster St, Ste 100

Servicing Lender City

OAKLAND

Servicing Lender State

CA

Servicing Lender Zip

94612-3229

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94612-2906

CD

CA-12

Jobs Reported

12

NAICS Code

813211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

240963.50

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

448130

Originating Lender

Beneficial State Bank

Originating Lender City

OAKLAND

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

242538.74

Forgiveness Date

12/08/2021

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