PPP Loan information for Young adult institute inc.

$10,000,000

Young adult institute inc. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/14/2021 by The Bank of America, National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Young adult institute inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Young adult institute inc.

YOUNG ADULT INSTITUTE INC.

Date Approved

04/14/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

YOUNG ADULT INSTITUTE INC.

Borrower Address

220 E 42nd St

Borrower City

New York

Borrower State

NY

Borrower Zip

10017-5806

Loan Status Date

01/18/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10017-5806

CD

NY-12

Jobs Reported

500

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

9999995.00

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

501(c)3 – Non Profit

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

10168767.12

Forgiveness Date

12/23/2022

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