PPP Loan information for Research & development institute, llc

$134,000

Research & development institute, llc was initially approved for PPP Loan of amount $134,000, the current approved amount is $134,000. The loan was approved on 01/19/2021 by The Newtek Small Business Finance, Inc. reported 9 jobs and $134,000 was used to fund payroll.

Research & development institute, llc is Existing or more than 2 years old

RESEARCH & DEVELOPMENT INSTITUTE, LLC

Date Approved

01/19/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

RESEARCH & DEVELOPMENT INSTITUTE, LLC

Borrower Address

16760 Stagg St

Borrower City

Van Nuys

Borrower State

CA

Borrower Zip

91406-1642

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134000.00

Current Approval Amount

134000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Van Nuys

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1642

CD

CA-29

Jobs Reported

9

NAICS Code

541714

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

133995.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

134614.17

Forgiveness Date

07/14/2021

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