PPP Loan information for The institute for educational advancement

$229,500

The institute for educational advancement was initially approved for PPP Loan of amount $229,500, the current approved amount is $229,500. The loan was approved on 04/06/2020 by The City National Bank reported 15 jobs and $229,500 was used to fund payroll.

The institute for educational advancement is Existing or more than 2 years old

PPP Loan Search / CA / PASADENA / The institute for educational advancement

THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT

Borrower Address

569 S MARENGO AVE

Borrower City

PASADENA

Borrower State

CA

Borrower Zip

91101-3114

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229500.00

Current Approval Amount

229500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PASADENA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91101-3114

CD

CA-28

Jobs Reported

15

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

206887.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19613.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

231732.12

Forgiveness Date

04/08/2021

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