PPP Loan information for Root cause institute, inc.

$270,800

Root cause institute, inc. was initially approved for PPP Loan of amount $270,800, the current approved amount is $270,800. The loan was approved on 04/07/2020 by The Eastern Bank reported 15 jobs and $270,800 was used to fund payroll.

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

ROOT CAUSE INSTITUTE, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ROOT CAUSE INSTITUTE, INC.

Borrower Address

101 Main Street, 14th fl

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02142-1519

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270799.62

Current Approval Amount

270799.62

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02142-1519

CD

MA-07

Jobs Reported

15

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270799.62

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

272537.25

Forgiveness Date

12/04/2020

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