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 01/30/2021 by The Bank of America, National Association reported 63 jobs and $933,180 was used to fund payroll.

Reach out and read inc is Existing or more than 2 years old

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

REACH OUT AND READ INC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

REACH OUT AND READ INC

Borrower Address

89 South St Ste 201

Borrower City

Boston

Borrower State

MA

Borrower Zip

02111-2678

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02111-2678

CD

MA-07

Jobs Reported

63

NAICS Code

624110

Race

White

Ethnicity

Not Hispanic or Latino

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

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

940747.71

Forgiveness Date

11/26/2021

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