PPP Loan information for Educate, inc.

$2,374,046

Educate, inc. was initially approved for PPP Loan of amount $2,433,655, the current approved amount is $2,374,046. The loan was approved on 04/06/2020 by The CFG Community Bank reported 248 jobs and $2,374,046 was used to fund payroll.

Educate, inc. is Existing or more than 2 years old

PPP Loan Search / MD / COCKEYSVILLE / Educate, inc.

EDUCATE, INC.

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

EDUCATE, INC.

Borrower Address

4 North PARK DR, STE 500

Borrower City

COCKEYSVILLE

Borrower State

MD

Borrower Zip

21030-1801

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2433655.00

Current Approval Amount

2374046.00

Undisbursed Amount

0.00

Franchise Name

Sylvan Learning

Servicing Lender Location Id

121508

Servicing Lender Name

CFG Community Bank

Servicing Lender Address

1422 Clarkview Rd

Servicing Lender City

BALTIMORE

Servicing Lender State

MD

Servicing Lender Zip

21209-2385

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COCKEYSVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21030-1801

CD

MD-02

Jobs Reported

248

NAICS Code

611691

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2374046.00

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

121508

Originating Lender

CFG Community Bank

Originating Lender City

BALTIMORE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;