PPP Loan information for Tools of the mind

$401,567

Tools of the mind was initially approved for PPP Loan of amount $401,567, the current approved amount is $401,567. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 27 jobs and $401,567 was used to fund payroll.

Tools of the mind is New Business or 2 years or less

TOOLS OF THE MIND

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOOLS OF THE MIND

Borrower Address

219 CEDAR ST

Borrower City

HOLLISTON

Borrower State

MA

Borrower Zip

01746-1262

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401567.00

Current Approval Amount

401567.00

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

HOLLISTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01746-1262

CD

MA-02

Jobs Reported

27

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

401567.00

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

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

389180.10

Forgiveness Date

12/09/2021

;