PPP Loan information for Root cause institute inc

$400,000

Root cause institute inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 03/05/2021 by The Eastern Bank reported 14 jobs and $400,000 was used to fund payroll.

Root cause institute inc is Existing or more than 2 years old

PPP Loan Search / MA / Cambridge / Root cause institute inc

ROOT CAUSE INSTITUTE INC

Date Approved

03/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ROOT CAUSE INSTITUTE INC

Borrower Address

1 Broadway Ste 14

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02142-1187

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

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

Y

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

02142-1187

CD

MA-07

Jobs Reported

14

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

399999.00

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

Professional Association

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402722.22

Forgiveness Date

11/10/2021

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