Broadway Financial Corporation

Los Angeles, Calif. | See all recipients in California
$15M
Disbursed
$14.5M
Returned
$1.86M
Revenue to Gov't
$1.38M
Profit

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.

Date Type Amount Program Description
05/01/2019 Refund $3,503,503 CPP
Partial Repayment
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 Warrant $524,768 CPP
Warrant Proceeds
12/22/2016 Refund $6,952,779 CPP
Partial Repayment
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
This amount reflects the sum of dividends paid up to 5/31/2009
11/14/2008 Purchase $9,000,000 CPP
Purchase - Preferred Stock w/ Warrants
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