PPP Loan information for Traditional educational center

$264,032

Traditional educational center was initially approved for PPP Loan of amount $264,032, the current approved amount is $264,032. The loan was approved on 04/27/2020 by The Forbright Bank reported 40 jobs and $264,032 was used to fund payroll.

Traditional educational center is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Traditional educational center

TRADITIONAL EDUCATIONAL CENTER

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

TRADITIONAL EDUCATIONAL CENTER

Borrower Address

1469 BROADWAY

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11221-4238

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264032.00

Current Approval Amount

264032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11221-4238

CD

NY-07

Jobs Reported

40

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264032.00

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

Corporation

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267288.39

Forgiveness Date

07/26/2021

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