PPP Loan information for Option institute & fellowship

$427,500

Option institute & fellowship was initially approved for PPP Loan of amount $427,500, the current approved amount is $427,500. The loan was approved on 04/09/2020 by The Salisbury Bank & Trust Company reported 44 jobs and $427,500 was used to fund payroll.

Option institute & fellowship is Existing or more than 2 years old

OPTION INSTITUTE & FELLOWSHIP

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

OPTION INSTITUTE & FELLOWSHIP

Borrower Address

2080 UNDERMOUNTAIN RD

Borrower City

SHEFFIELD

Borrower State

MA

Borrower Zip

01257-9643

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427500.00

Current Approval Amount

427500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16194

Servicing Lender Name

Salisbury Bank & Trust Company

Servicing Lender Address

5 Bissell St

Servicing Lender City

LAKEVILLE

Servicing Lender State

CT

Servicing Lender Zip

06039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHEFFIELD

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01257-9643

CD

MA-01

Jobs Reported

44

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

427500.00

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

16194

Originating Lender

Salisbury Bank & Trust Company

Originating Lender City

LAKEVILLE

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

428984.33

Forgiveness Date

11/19/2020

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