PPP Loan information for Research institute for learning and development

$88,045

Research institute for learning and development was initially approved for PPP Loan of amount $124,750, the current approved amount is $88,045. The loan was approved on 04/12/2020 by The Eastern Bank reported 18 jobs and $88,045 was used to fund payroll.

Research institute for learning and development is Existing or more than 2 years old

PPP Loan Search / MA / LEXINGTON / Research institute for learning and development

RESEARCH INSTITUTE FOR LEARNING AND DEVELOPMENT

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RESEARCH INSTITUTE FOR LEARNING AND DEVELOPMENT

Borrower Address

4 Militia Dr ste 20

Borrower City

LEXINGTON

Borrower State

MA

Borrower Zip

02421-4702

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124750.00

Current Approval Amount

88045.00

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

LEXINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02421-4702

CD

MA-05

Jobs Reported

18

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88045.00

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

Professional Association

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88883.87

Forgiveness Date

04/12/2021

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