PPP Loan information for Institute for educational achievement

$528,372

Institute for educational achievement was initially approved for PPP Loan of amount $528,372, the current approved amount is $528,372. The loan was approved on 05/01/2020 by The Customers Bank reported 8 jobs and $528,372 was used to fund payroll.

Institute for educational achievement is Existing or more than 2 years old

PPP Loan Search / NJ / New Milford / Institute for educational achievement

INSTITUTE FOR EDUCATIONAL ACHIEVEMENT

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INSTITUTE FOR EDUCATIONAL ACHIEVEMENT

Borrower Address

381 Madison Avenue

Borrower City

New Milford

Borrower State

NJ

Borrower Zip

07646

Loan Status Date

06/08/2023

Loan Status

Paid in Full

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

528372.00

Current Approval Amount

528372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Milford

Project County Name

BERGEN

Project State

NJ

Project Zip

07646-0001

CD

NJ-05

Jobs Reported

8

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

528372.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

106431.74

Forgiveness Date

10/12/2022

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