PPP Loan information for Educators advancement group, inc.

$920,992

Educators advancement group, inc. was initially approved for PPP Loan of amount $920,992, the current approved amount is $920,992. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 77 jobs and $920,992 was used to fund payroll.

Educators advancement group, inc. is Existing or more than 2 years old

EDUCATORS ADVANCEMENT GROUP, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

EDUCATORS ADVANCEMENT GROUP, INC.

Borrower Address

20624 ABBEY WOODS CT N

Borrower City

FRANKFORT

Borrower State

IL

Borrower Zip

60423

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

920992.00

Current Approval Amount

920992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

WILL

Project State

IL

Project Zip

60423-0001

CD

IL-01

Jobs Reported

77

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

725992.00

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

931597.22

Forgiveness Date

06/29/2021

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