PPP Loan information for The educational empowerment group llc

$2,000,000

The educational empowerment group llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/11/2021 by The The Huntington National Bank reported 250 jobs and $2,000,000 was used to fund payroll.

The educational empowerment group llc is Existing or more than 2 years old

THE EDUCATIONAL EMPOWERMENT GROUP LLC

Date Approved

02/11/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

THE EDUCATIONAL EMPOWERMENT GROUP LLC

Borrower Address

1814 S Main St

Borrower City

Akron

Borrower State

OH

Borrower Zip

44301-2451

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44301-2451

CD

OH-13

Jobs Reported

250

NAICS Code

541612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2013643.84

Forgiveness Date

10/20/2021

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