PPP Loan information for The institute for educational advancement

$225,000

The institute for educational advancement was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 02/10/2021 by The City National Bank reported 26 jobs and $225,000 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

02/10/2021

SBA Office Code

0914

Processing Method

PPS

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

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

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

26

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

224997.00

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

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

227459.59

Forgiveness Date

03/24/2022

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