PPP Loan information for Research for better teaching inc.

$342,124

Research for better teaching inc. was initially approved for PPP Loan of amount $342,124, the current approved amount is $342,124. The loan was approved on 01/31/2021 by The Cambridge Savings Bank reported 20 jobs and $342,124 was used to fund payroll.

Research for better teaching inc. is Existing or more than 2 years old

RESEARCH FOR BETTER TEACHING INC.

Date Approved

01/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RESEARCH FOR BETTER TEACHING INC.

Borrower Address

1 Acton Pl

Borrower City

Acton

Borrower State

MA

Borrower Zip

01720-3951

Loan Status Date

06/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342123.57

Current Approval Amount

342123.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Acton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01720-3951

CD

MA-03

Jobs Reported

20

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342122.57

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

346538.37

Forgiveness Date

05/19/2022

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