PPP Loan information for Council for advancement and support of education

$1,817,700

Council for advancement and support of education was initially approved for PPP Loan of amount $1,817,700, the current approved amount is $1,817,700. The loan was approved on 04/10/2020 by The Truist Bank reported 102 jobs and $1,817,700 was used to fund payroll.

Council for advancement and support of education is Existing or more than 2 years old

COUNCIL FOR ADVANCEMENT AND SUPPORT OF EDUCATION

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COUNCIL FOR ADVANCEMENT AND SUPPORT OF EDUCATION

Borrower Address

1307 NEW YORK AVE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20005-4726

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1817700.00

Current Approval Amount

1817700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20005-4726

CD

DC-

Jobs Reported

102

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1817700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1835069.13

Forgiveness Date

04/08/2021

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