PPP Loan information for American eucational college

$299,350

American eucational college was initially approved for PPP Loan of amount $299,350, the current approved amount is $299,350. The loan was approved on 04/28/2020 by The FirstBank Puerto Rico reported 50 jobs and $299,350 was used to fund payroll.

American eucational college is New Business or 2 years or less

PPP Loan Search / PR / BAYAMON / American eucational college

AMERICAN EUCATIONAL COLLEGE

Date Approved

04/28/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

AMERICAN EUCATIONAL COLLEGE

Borrower Address

#45 CALLE SANTA CRUZ

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00961

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299350.00

Current Approval Amount

299350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-2900

CD

PR-

Jobs Reported

50

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299350.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301603.44

Forgiveness Date

02/04/2021

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