PPP Loan information for Understood for all, inc.

$1,902,818

Understood for all, inc. was initially approved for PPP Loan of amount $1,902,818, the current approved amount is $1,902,818. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 101 jobs and $1,902,818 was used to fund payroll.

Understood for all, inc. is New Business or 2 years or less

PPP Loan Search / NY / NEW YORK / Understood for all, inc.

UNDERSTOOD FOR ALL, INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

UNDERSTOOD FOR ALL, INC.

Borrower Address

145 HUDSON ST STE 5B

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10013-2150

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1902818.00

Current Approval Amount

1902818.00

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

New Business or 2 years or less

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10013-2150

CD

NY-10

Jobs Reported

101

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1902818.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1919917.30

Forgiveness Date

03/31/2021

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