PPP Loan information for Educational data systems, inc.

$1,800,000

Educational data systems, inc. was initially approved for PPP Loan of amount $6,554,700, the current approved amount is $1,800,000. The loan was approved on 04/29/2020 by The Comerica Bank reported 500 jobs and $1,800,000 was used to fund payroll.

Educational data systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Dearborn / Educational data systems, inc.

EDUCATIONAL DATA SYSTEMS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EDUCATIONAL DATA SYSTEMS, INC.

Borrower Address

15300 Commerce Dr. N

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48120-1264

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6554700.00

Current Approval Amount

1800000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48120-1264

CD

MI-12

Jobs Reported

500

NAICS Code

624310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1800000.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1823450.00

Forgiveness Date

08/23/2021

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