PPP Loan information for The option institute & fellowship

$398,093

The option institute & fellowship was initially approved for PPP Loan of amount $398,093, the current approved amount is $398,093. The loan was approved on 01/30/2021 by The Salisbury Bank & Trust Company reported 28 jobs and $398,093 was used to fund payroll.

The option institute & fellowship is Existing or more than 2 years old

THE OPTION INSTITUTE & FELLOWSHIP

Date Approved

01/30/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

THE OPTION INSTITUTE & FELLOWSHIP

Borrower Address

2080 S Undermountain Rd

Borrower City

Sheffield

Borrower State

MA

Borrower Zip

01257-9643

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398092.50

Current Approval Amount

398092.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16194

Servicing Lender Name

Salisbury Bank & Trust Company

Servicing Lender Address

5 Bissell St

Servicing Lender City

LAKEVILLE

Servicing Lender State

CT

Servicing Lender Zip

06039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sheffield

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01257-9643

CD

MA-01

Jobs Reported

28

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

398089.50

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

Corporation

Originating Lender Location Id

16194

Originating Lender

Salisbury Bank & Trust Company

Originating Lender City

LAKEVILLE

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400622.84

Forgiveness Date

09/23/2021

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