PPP Loan information for Teach a lot inc.

$150,000

Teach a lot inc. was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/25/2021 by The Readycap Lending, LLC reported 25 jobs and $150,000 was used to fund payroll.

Teach a lot inc. is Existing or more than 2 years old

TEACH A LOT INC.

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TEACH A LOT INC.

Borrower Address

702 Juliette Dr

Borrower City

Durham

Borrower State

NC

Borrower Zip

27713-8186

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27713-8186

CD

NC-04

Jobs Reported

25

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149999.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151109.59

Forgiveness Date

11/10/2021

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