PPP Loan information for Als therapy development institute

$896,400

Als therapy development institute was initially approved for PPP Loan of amount $896,400, the current approved amount is $896,400. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 53 jobs and $896,400 was used to fund payroll.

Als therapy development institute is Existing or more than 2 years old

PPP Loan Search / MA / CAMBRIDGE / Als therapy development institute

ALS THERAPY DEVELOPMENT INSTITUTE

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALS THERAPY DEVELOPMENT INSTITUTE

Borrower Address

300 Technology Square

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02139

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

896400.00

Current Approval Amount

896400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-0001

CD

MA-07

Jobs Reported

53

NAICS Code

813212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

896400.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

906395.47

Forgiveness Date

06/09/2021

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