PPP Loan information for Council for educational travel, usa

$622,830

Council for educational travel, usa was initially approved for PPP Loan of amount $622,830, the current approved amount is $622,830. The loan was approved on 04/13/2020 by The Forbright Bank reported 75 jobs and $622,830 was used to fund payroll.

Council for educational travel, usa is Existing or more than 2 years old

COUNCIL FOR EDUCATIONAL TRAVEL, USA

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COUNCIL FOR EDUCATIONAL TRAVEL, USA

Borrower Address

678 FRONT AVE NW #091A

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-5300

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

622830.00

Current Approval Amount

622830.00

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

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-5300

CD

MI-03

Jobs Reported

75

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

622830.00

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

Professional Association

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

628383.57

Forgiveness Date

03/11/2021

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