PPP Loan information for The institute pbc

$41,351

The institute pbc was initially approved for PPP Loan of amount $41,351, the current approved amount is $41,351. The loan was approved on 05/12/2021 by The Customers Bank reported 4 jobs and $41,351 was used to fund payroll.

The institute pbc is Existing or more than 2 years old

PPP Loan Search / AL / Joppa / The institute pbc

THE INSTITUTE PBC

Date Approved

05/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

THE INSTITUTE PBC

Borrower Address

5536 Apple Grove Rd N/A

Borrower City

Joppa

Borrower State

AL

Borrower Zip

35087-6161

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41351.00

Current Approval Amount

41351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Joppa

Project County Name

MORGAN

Project State

AL

Project Zip

35087-6161

CD

AL-05

Jobs Reported

4

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41348.00

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

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41597.97

Forgiveness Date

01/03/2022

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