1277 16TH CONDOMINIUMS, LLC (DC) - 2020 PPP Loan Borrower Profile (# 5460118210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1277 16TH CONDOMINIUMS, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in District of Columbia.

Loan Detail

Loan Number

5460118210

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$121,460

Date Loan was Approved

Aug 7, 2020

Amount Forgiven

$122,937.76

Date Loan was Forgiven

Nov 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

121,460

Lender

MBE Capital Partners

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531311

Borrower Location

WASHINGTON, DC

Project Location

WASHINGTON, DC

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.