# PPP loan: PROJECT REDIRECT OF DISTRICT OF COLUMBIA INC
> **$1.15M** approved 05/01/2020 · Charged Off · Loan `5550117708`
## Borrower
- **Name:** PROJECT REDIRECT OF DISTRICT OF COLUMBIA INC
- **Address:** 8555 16TH ST STE 700, SILVER SPRING, MD, 20910-2846
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 187
## 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*