PPP Loan information for Institute for learning & development inc

$128,917

Institute for learning & development inc was initially approved for PPP Loan of amount $128,917, the current approved amount is $128,917. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 24 jobs and $128,917 was used to fund payroll.

Institute for learning & development inc is New Business or 2 years or less

INSTITUTE FOR LEARNING & DEVELOPMENT INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INSTITUTE FOR LEARNING & DEVELOPMENT INC

Borrower Address

4 MILITIA DR STE 20

Borrower City

LEXINGTON

Borrower State

MA

Borrower Zip

02421-4705

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128917.00

Current Approval Amount

128917.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LEXINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02421-4705

CD

MA-05

Jobs Reported

24

NAICS Code

611691

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128917.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130086.08

Forgiveness Date

04/01/2021

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