PPP Loan information for American eucational college

$299,350

American eucational college was initially approved for PPP Loan of amount $299,350, the current approved amount is $299,350. The loan was approved on 02/02/2021 by The FirstBank Puerto Rico reported 61 jobs and $299,350 was used to fund payroll.

American eucational college is Existing or more than 2 years old

AMERICAN EUCATIONAL COLLEGE

Date Approved

02/02/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

AMERICAN EUCATIONAL COLLEGE

Borrower Address

45 Calle Santa Cruz

Borrower City

Bayamon

Borrower State

PR

Borrower Zip

00961-6909

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299350.00

Current Approval Amount

299350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayamon

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-6909

CD

PR-

Jobs Reported

61

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299348.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

302418.34

Forgiveness Date

02/09/2022

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