PPP Loan information for Educational college inc

$240,000

Educational college inc was initially approved for PPP Loan of amount $240,000, the current approved amount is $240,000. The loan was approved on 05/01/2020 by The Banco Popular de Puerto Rico reported 149 jobs and $240,000 was used to fund payroll.

Educational college inc is Existing or more than 2 years old

EDUCATIONAL COLLEGE INC

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

EDUCATIONAL COLLEGE INC

Borrower Address

28 Calle Santa Cruz

Borrower City

Bayamon

Borrower State

PR

Borrower Zip

00961

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240000.00

Current Approval Amount

240000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bayamon

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-2900

CD

PR-

Jobs Reported

149

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240000.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244433.33

Forgiveness Date

03/03/2022

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