PPP Loan information for Real institute

$47,407

Real institute was initially approved for PPP Loan of amount $47,407, the current approved amount is $47,407. The loan was approved on 03/10/2021 by The Bank of America, National Association reported 3 jobs and $47,407 was used to fund payroll.

Real institute is Existing or more than 2 years old

REAL INSTITUTE

Date Approved

03/10/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

REAL INSTITUTE

Borrower Address

754 Massachusetts Ave

Borrower City

Arlington

Borrower State

MA

Borrower Zip

02476-4712

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47407.00

Current Approval Amount

47407.00

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

Existing or more than 2 years old

Project City

Arlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02476-4712

CD

MA-05

Jobs Reported

3

NAICS Code

624190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47404.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47651.18

Forgiveness Date

09/22/2021

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