PPP Loan information for Reachout inc

$347,330

Reachout inc was initially approved for PPP Loan of amount $347,330, the current approved amount is $347,330. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 34 jobs and $347,330 was used to fund payroll.

Reachout inc is New Business or 2 years or less

REACHOUT INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

REACHOUT INC

Borrower Address

BUILDING 17A 60 CONNOLLY PKWY BLDG 17A

Borrower City

HAMDEN

Borrower State

CT

Borrower Zip

06514-2532

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347330.00

Current Approval Amount

347330.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

HAMDEN

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06514-2532

CD

CT-03

Jobs Reported

34

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

347330.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

350175.25

Forgiveness Date

02/25/2021

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