# PPP loan: THE MANAGEMENT CENTER
> **$397K** approved 02/22/2021 · Paid in Full · Loan `3047228510`
## Borrower
- **Name:** THE MANAGEMENT CENTER
- **Address:** 1920 L St NW Ste 775, Washington, DC, 20036-5068
- **NAICS:** 561110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 07/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $397K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*