PPP Loan information for Educational funding company inc

$728,645

Educational funding company inc was initially approved for PPP Loan of amount $728,645, the current approved amount is $728,645. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 45 jobs and $728,645 was used to fund payroll.

Educational funding company inc is New Business or 2 years or less

PPP Loan Search / MD / Chevy Chase / Educational funding company inc

EDUCATIONAL FUNDING COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EDUCATIONAL FUNDING COMPANY INC

Borrower Address

4740 Chevy Chase Dr Ste 200

Borrower City

Chevy Chase

Borrower State

MD

Borrower Zip

20815

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

728645.00

Current Approval Amount

728645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Chevy Chase

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20815-2800

CD

MD-08

Jobs Reported

45

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

728645.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

736368.49

Forgiveness Date

05/27/2021

;