# PPP loan: INITIATIVE FOR A COMPETITIVE INNER CITY
> **$522K** approved 05/07/2020 · Paid in Full · Loan `3169517407`
## Borrower
- **Name:** INITIATIVE FOR A COMPETITIVE INNER CITY
- **Address:** 56 WARREN ST STE 300, ROXBURY, MA, 02119-3236
- **NAICS:** 523920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 37
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*