PPP Loan information for Spanish education development (sed) center

$504,492

Spanish education development (sed) center was initially approved for PPP Loan of amount $504,492, the current approved amount is $504,492. The loan was approved on 07/20/2020 by The Truist Bank reported 50 jobs and $504,492 was used to fund payroll.

Spanish education development (sed) center is Existing or more than 2 years old

SPANISH EDUCATION DEVELOPMENT (SED) CENTER

Date Approved

07/20/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPANISH EDUCATION DEVELOPMENT (SED) CENTER

Borrower Address

4110 Kansas Avenue NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20011-5704

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

504491.52

Current Approval Amount

504491.52

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

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20011-5704

CD

DC-

Jobs Reported

50

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

504491.52

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

507084.05

Forgiveness Date

03/08/2021

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