PPP Loan information for Als therapy development institute

$739,875

Als therapy development institute was initially approved for PPP Loan of amount $739,875, the current approved amount is $739,875. The loan was approved on 04/30/2021 by The First-Citizens Bank & Trust Company reported 57 jobs and $739,875 was used to fund payroll.

Als therapy development institute is Existing or more than 2 years old

ALS THERAPY DEVELOPMENT INSTITUTE

Date Approved

04/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALS THERAPY DEVELOPMENT INSTITUTE

Borrower Address

480 Arsenal St Ste 201

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2805

Loan Status Date

05/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

739875.00

Current Approval Amount

739875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2805

CD

MA-05

Jobs Reported

57

NAICS Code

813212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

739871.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

745978.97

Forgiveness Date

03/07/2022

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