PPP Loan information for Read to a child inc.

$249,933

Read to a child inc. was initially approved for PPP Loan of amount $249,933, the current approved amount is $249,933. The loan was approved on 03/17/2021 by The Eastern Bank reported 30 jobs and $249,933 was used to fund payroll.

Read to a child inc. is Existing or more than 2 years old

READ TO A CHILD INC.

Date Approved

03/17/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

READ TO A CHILD INC.

Borrower Address

20 William St Ste G25

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02481-4113

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

249932.50

Current Approval Amount

249932.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-4113

CD

MA-04

Jobs Reported

30

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249932.50

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

251918.07

Forgiveness Date

01/03/2022

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