ProPublica

Journalism in the Public Interest

Broadway Financial Corporation

Los Angeles, Calif. | See all recipients in California
$15M Disbursed
$11M Returned
$1.86M Revenue to Gov't
$2.12M Net Outstanding
$15M Committed
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On 2/10/2012, Treasury entered into an agreement with Broadway Financial Corporation to exchange Treasury’s $15,000,000 of preferred stock for common stock. The exchange is subject to the fulfillment by Broadway Financial Corporation of certain conditions, including the satisfactory completion of a capital plan.

Events

Date Type Amount Program Description
09/21/2017 Refund $1,354,296 CPP Partial Repayment
06/29/2017 Refund $2,708,593 CPP Partial Repayment
06/29/2017 Warrant $524,768 CPP Warrant Proceeds
12/22/2016 Refund $6,952,779 CPP Partial Repayment
12/22/2016 Warrant $524,768 CPP Warrant Proceeds
05/17/2010 Dividend $187,500 CPP Dividends payment
02/16/2010 Dividend $171,667 CPP Dividends payment
12/04/2009 Purchase $6,000,000 CPP Preferred Stock
11/13/2009 Dividend $112,500 CPP Dividends payment
08/14/2009 Dividend $112,500 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $226,250 CPP Dividends Paid Through 5/31/2009
11/14/2008 Purchase $9,000,000 CPP Purchase - Preferred Stock w/ Warrants

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