PPP Loan information for Institute for the future of learning

$19,791

Institute for the future of learning was initially approved for PPP Loan of amount $19,791, the current approved amount is $19,791. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $19,791 was used to fund payroll.

Institute for the future of learning is New Business or 2 years or less

INSTITUTE FOR THE FUTURE OF LEARNING

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSTITUTE FOR THE FUTURE OF LEARNING

Borrower Address

365 BOSTON POST RD STE 155

Borrower City

SUDBURY

Borrower State

MA

Borrower Zip

01776

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19791.00

Current Approval Amount

19791.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SUDBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01776-0001

CD

MA-05

Jobs Reported

1

NAICS Code

541720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19791.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

19940.65

Forgiveness Date

02/05/2021

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