PPP Loan information for Truth initiative foundation

$3,500,000

Truth initiative foundation was initially approved for PPP Loan of amount $3,500,000, the current approved amount is $3,500,000. The loan was approved on 04/11/2020 by The TD Bank, National Association reported 152 jobs and $3,500,000 was used to fund payroll.

Truth initiative foundation is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Truth initiative foundation

TRUTH INITIATIVE FOUNDATION

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TRUTH INITIATIVE FOUNDATION

Borrower Address

900 G STREET NW Fourth Floor

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20001-5332

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3500000.00

Current Approval Amount

3500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

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

20001-5332

CD

DC-

Jobs Reported

152

NAICS Code

813211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3500000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

3544236.11

Forgiveness Date

07/26/2021

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