PPP Loan information for Education development center inc

$228,200

Education development center inc was initially approved for PPP Loan of amount $228,200, the current approved amount is $228,200. The loan was approved on 06/02/2020 by The Truist Bank reported 47 jobs and $228,200 was used to fund payroll.

Education development center inc is Existing or more than 2 years old

PPP Loan Search / FL / WEST PALM BEACH / Education development center inc

EDUCATION DEVELOPMENT CENTER INC

Date Approved

06/02/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

EDUCATION DEVELOPMENT CENTER INC

Borrower Address

2440 Westgate Ave

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33409-5080

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228200.00

Current Approval Amount

228200.00

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

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33409-5080

CD

FL-20

Jobs Reported

47

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228200.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229911.50

Forgiveness Date

03/02/2021

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