PPP Loan information for E-institute charter high school

$426,625

E-institute charter high school was initially approved for PPP Loan of amount $250,000, the current approved amount is $426,625. The loan was approved on 04/15/2020 by The Customers Bank reported 60 jobs and $426,625 was used to fund payroll.

E-institute charter high school is Existing or more than 2 years old

E-INSTITUTE CHARTER HIGH SCHOOL

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

E-INSTITUTE CHARTER HIGH SCHOOL

Borrower Address

4744 West Grovers Avenue

Borrower City

Glendale

Borrower State

AZ

Borrower Zip

85308

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

426625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85308-0001

CD

AZ-08

Jobs Reported

60

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

426625.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

432282.16

Forgiveness Date

09/16/2021

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