PPP Loan information for Western educational corporation

$6,186,000

Western educational corporation was initially approved for PPP Loan of amount $6,186,000, the current approved amount is $6,186,000. The loan was approved on 04/10/2020 by The Hanmi Bank reported 390 jobs and $6,186,000 was used to fund payroll.

Western educational corporation is Existing or more than 2 years old

PPP Loan Search / CA / LANCASTER / Western educational corporation

WESTERN EDUCATIONAL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

WESTERN EDUCATIONAL CORPORATION

Borrower Address

177 Holston Dr.

Borrower City

LANCASTER

Borrower State

CA

Borrower Zip

93535-4570

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6186000.00

Current Approval Amount

6186000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5597

Servicing Lender Name

Hanmi Bank

Servicing Lender Address

3660 Wilshire Blvd, PH-A

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

LOS ANGELES

Project State

CA

Project Zip

93535-4570

CD

CA-27

Jobs Reported

390

NAICS Code

611699

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6186000.00

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

5597

Originating Lender

Hanmi Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

6263113.15

Forgiveness Date

07/29/2021

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