PPP Loan information for Reach out and read, inc.

$933,180

Reach out and read, inc. was initially approved for PPP Loan of amount $933,180, the current approved amount is $933,180. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 68 jobs and $933,180 was used to fund payroll.

Reach out and read, inc. is New Business or 2 years or less

PPP Loan Search / MA / Boston / Reach out and read, inc.

REACH OUT AND READ, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

REACH OUT AND READ, INC.

Borrower Address

89 South St Ste 201

Borrower City

Boston

Borrower State

MA

Borrower Zip

02111

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

933180.00

Current Approval Amount

933180.00

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

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02111-0001

CD

MA-07

Jobs Reported

68

NAICS Code

451211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933180.00

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

940747.71

Forgiveness Date

02/25/2021

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