PPP Loan information for Equity education

$1,200,000

Equity education was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,200,000. The loan was approved on 04/28/2020 by The Fifth Third Bank reported 102 jobs and $1,200,000 was used to fund payroll.

Equity education is Existing or more than 2 years old

EQUITY EDUCATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EQUITY EDUCATION

Borrower Address

13600 VIRGIL ST

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48223-3051

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48223-3051

CD

MI-12

Jobs Reported

102

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1200000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1211200.00

Forgiveness Date

04/08/2021

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