PPP Loan information for Institute for health and recovery, inc.

$982,283

Institute for health and recovery, inc. was initially approved for PPP Loan of amount $982,283, the current approved amount is $982,283. The loan was approved on 04/14/2020 by The Cambridge Trust Company reported 98 jobs and $982,283 was used to fund payroll.

Institute for health and recovery, inc. is Existing or more than 2 years old

PPP Loan Search / MA / CAMBRIDGE / Institute for health and recovery, inc.

INSTITUTE FOR HEALTH AND RECOVERY, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSTITUTE FOR HEALTH AND RECOVERY, INC.

Borrower Address

349 Broadway

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02139-1715

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

982282.50

Current Approval Amount

982282.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02139-1715

CD

MA-07

Jobs Reported

98

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

982282.50

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

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

988148.91

Forgiveness Date

11/25/2020

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