PPP Loan information for Research for action inc

$643,747

Research for action inc was initially approved for PPP Loan of amount $643,747, the current approved amount is $643,747. The loan was approved on 03/25/2021 by The Loan Source Incorporated reported 35 jobs and $643,747 was used to fund payroll.

Research for action inc is Existing or more than 2 years old

RESEARCH FOR ACTION INC

Date Approved

03/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

RESEARCH FOR ACTION INC

Borrower Address

100 S Broad St

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19110-1024

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

643747.00

Current Approval Amount

643747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19110-1024

CD

PA-03

Jobs Reported

35

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

643743.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

651401.42

Forgiveness Date

06/16/2022

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