PPP Loan information for Educational systems inc

$1,555,584

Educational systems inc was initially approved for PPP Loan of amount $1,555,584, the current approved amount is $1,555,584. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $1,555,584 was used to fund payroll.

Educational systems inc is New Business or 2 years or less

EDUCATIONAL SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

EDUCATIONAL SYSTEMS INC

Borrower Address

9640 CENTER AVE STE 120

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730-5809

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1555584.00

Current Approval Amount

1555584.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-5809

CD

CA-35

Jobs Reported

6

NAICS Code

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1555584.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69564.22

Forgiveness Date

06/15/2021

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