PPP Loan information for American council on education

$2,812,889

American council on education was initially approved for PPP Loan of amount $2,812,889, the current approved amount is $2,812,889. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 129 jobs and $2,812,889 was used to fund payroll.

American council on education is Unanswered

PPP Loan Search / DC / WASHINGTON / American council on education

AMERICAN COUNCIL ON EDUCATION

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN COUNCIL ON EDUCATION

Borrower Address

1 DUPONT CIR NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20036-1110

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2812889.00

Current Approval Amount

2812889.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-1110

CD

DC-

Jobs Reported

129

NAICS Code

813920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2812889.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2845179.42

Forgiveness Date

06/11/2021

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