PPP Loan information for Educloud inc

$2,903,200

Educloud inc was initially approved for PPP Loan of amount $2,903,200, the current approved amount is $2,903,200. The loan was approved on 04/28/2020 by The Cache Valley Bank reported 150 jobs and $2,903,200 was used to fund payroll.

Educloud inc is Existing or more than 2 years old

EDUCLOUD INC

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

EDUCLOUD INC

Borrower Address

205 HUDSON ST

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10013-1803

Loan Status Date

04/15/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

2903200.00

Current Approval Amount

2903200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10013-1803

CD

NY-10

Jobs Reported

150

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2903200.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;