PPP Loan information for Financial education corporation

$286,439

Financial education corporation was initially approved for PPP Loan of amount $286,439, the current approved amount is $286,439. The loan was approved on 01/26/2021 by The John Marshall Bank reported 22 jobs and $286,439 was used to fund payroll.

Financial education corporation is Existing or more than 2 years old

FINANCIAL EDUCATION CORPORATION

Date Approved

01/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FINANCIAL EDUCATION CORPORATION

Borrower Address

1593 Spring Hill Rd Ste 150

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22182-2249

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

286439.16

Current Approval Amount

286439.16

Undisbursed Amount

0.00

Franchise Name

Online Trading Academy

Servicing Lender Location Id

440839

Servicing Lender Name

John Marshall Bank

Servicing Lender Address

1943 Isaac Newton Sq, Ste 100

Servicing Lender City

RESTON

Servicing Lender State

VA

Servicing Lender Zip

20190-5013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-2249

CD

VA-11

Jobs Reported

22

NAICS Code

611699

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

286435.16

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

Corporation

Originating Lender Location Id

440839

Originating Lender

John Marshall Bank

Originating Lender City

RESTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

164225.66

Forgiveness Date

02/25/2022

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