PPP Loan information for Educational resource development trust

$233,501

Educational resource development trust was initially approved for PPP Loan of amount $233,501, the current approved amount is $233,501. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 21 jobs and $233,501 was used to fund payroll.

Educational resource development trust is Existing or more than 2 years old

EDUCATIONAL RESOURCE DEVELOPMENT TRUST

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

EDUCATIONAL RESOURCE DEVELOPMENT TRUST

Borrower Address

2601 OCEAN BLVD

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90405

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233501.00

Current Approval Amount

233501.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

90405-0001

CD

CA-36

Jobs Reported

21

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233501.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

235758.18

Forgiveness Date

04/29/2021

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