PPP Loan information for Educational resource development

$215,202

Educational resource development was initially approved for PPP Loan of amount $215,202, the current approved amount is $215,202. The loan was approved on 02/04/2021 by The Wells Fargo Bank, National Association reported 17 jobs and $215,202 was used to fund payroll.

Educational resource development is Existing or more than 2 years old

EDUCATIONAL RESOURCE DEVELOPMENT

Date Approved

02/04/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

EDUCATIONAL RESOURCE DEVELOPMENT

Borrower Address

2601 Ocean Park Blvd Ste 322

Borrower City

Santa Monica

Borrower State

CA

Borrower Zip

90405-5272

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215202.00

Current Approval Amount

215202.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Monica

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90405-5272

CD

CA-36

Jobs Reported

17

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

215201.00

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

Non-Profit Organization

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

217802.11

Forgiveness Date

04/25/2022

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