PPP Loan information for American employment institute

$671,000

American employment institute was initially approved for PPP Loan of amount $775,000, the current approved amount is $671,000. The loan was approved on 04/15/2020 by The Sunwest Bank reported 235 jobs and $671,000 was used to fund payroll.

American employment institute is Existing or more than 2 years old

AMERICAN EMPLOYMENT INSTITUTE

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

AMERICAN EMPLOYMENT INSTITUTE

Borrower Address

17848 SKY PARK CIR

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92614-6135

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775000.00

Current Approval Amount

671000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92614-6135

CD

CA-47

Jobs Reported

235

NAICS Code

561612

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

671000.00

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

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

682324.27

Forgiveness Date

01/13/2022

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