Educators Advancement Group, Inc.

$920,992 PPP Loan in Frankfort, Illinois

Loan Details

Loan Number
1328677702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$920,992
Current Approval
$920,992
Forgiveness Amount
$931,597
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Educators Advancement Group, Inc.
Address
20624 Abbey Woods Ct N
ZIP Code
60423
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541613)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
IL-01

Loan Use Breakdown

Payroll
$725,992
Rent
$80,000
Utilities
$30,000
Health Care
$75,000
Debt Interest
$10,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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