PPP Loan information for Friends of the arava institute

$117,957

Friends of the arava institute was initially approved for PPP Loan of amount $117,957, the current approved amount is $117,957. The loan was approved on 04/15/2021 by The Eastern Bank reported 10 jobs and $117,957 was used to fund payroll.

Friends of the arava institute is Existing or more than 2 years old

FRIENDS OF THE ARAVA INSTITUTE

Date Approved

04/15/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FRIENDS OF THE ARAVA INSTITUTE

Borrower Address

1320 Centre St Ste 206

Borrower City

Newton

Borrower State

MA

Borrower Zip

02459-2400

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

117957.15

Current Approval Amount

117957.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02459-2400

CD

MA-04

Jobs Reported

10

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117957.15

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

118936.85

Forgiveness Date

02/10/2022

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