PPP Loan information for Appletree institute for education innovation, inc.

$1,983,456

Appletree institute for education innovation, inc. was initially approved for PPP Loan of amount $1,983,456, the current approved amount is $1,983,456. The loan was approved on 04/30/2020 by The Forbright Bank reported 138 jobs and $1,983,456 was used to fund payroll.

Appletree institute for education innovation, inc. is New Business or 2 years or less

APPLETREE INSTITUTE FOR EDUCATION INNOVATION, INC.

Date Approved

04/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

APPLETREE INSTITUTE FOR EDUCATION INNOVATION, INC.

Borrower Address

1801 MISSISSIPPI AVE SE 3RD FLOOR

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20020-6124

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1983455.75

Current Approval Amount

1983455.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20020-6124

CD

DC-

Jobs Reported

138

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1983455.75

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2004447.32

Forgiveness Date

05/21/2021

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