PPP Loan information for American educational institute inc

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN EDUCATIONAL INSTITUTE INC

Borrower Address

170 MT. AIRY ROAD, 2ND FLOOR

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225223.00

Current Approval Amount

225223.00

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

Existing or more than 2 years old

Project City

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-0001

CD

NJ-07

Jobs Reported

10

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225223.00

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

227376.50

Forgiveness Date

04/15/2021