PPP Loan information for Mind research institute

$1,995,000

Mind research institute was initially approved for PPP Loan of amount $1,995,000, the current approved amount is $1,995,000. The loan was approved on 01/29/2021 by The Farmers & Merchants Bank of Long Beach reported 156 jobs and $1,995,000 was used to fund payroll.

Mind research institute is Existing or more than 2 years old

MIND RESEARCH INSTITUTE

Date Approved

01/29/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MIND RESEARCH INSTITUTE

Borrower Address

5281 California Ave Ste 300

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92617-3219

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1995000.00

Current Approval Amount

1995000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92617-3219

CD

CA-47

Jobs Reported

156

NAICS Code

541720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1994996.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2005166.30

Forgiveness Date

08/10/2021

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