PPP Loan information for Welfare research inc

$355,677

Welfare research inc was initially approved for PPP Loan of amount $461,202, the current approved amount is $355,677. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $355,677 was used to fund payroll.

Welfare research inc is New Business or 2 years or less

WELFARE RESEARCH INC

Date Approved

05/01/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

WELFARE RESEARCH INC

Borrower Address

14 COLUMBIA CIR STE 104

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12203-5162

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

461202.00

Current Approval Amount

355677.00

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

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12203-5162

CD

NY-20

Jobs Reported

41

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355677.00

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

360939.07

Forgiveness Date

11/04/2021

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