# PPP loan: INSTITUTE FOR NONPROFIT PRACTICE INC.
> **$250K** approved 04/11/2020 · Paid in Full · Loan `3225277108`
## Borrower
- **Name:** INSTITUTE FOR NONPROFIT PRACTICE INC.
- **Address:** 89 South St Suite LL02, Boston, MA, 02111-2142
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $253K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $17K
- **Utilities:** $2K
- **Jobs reported:** 39
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*