Educational Data Systems, Inc.

$6,554,700 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
2927907303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$6,554,700
Current Approval
$1,800,000
Forgiveness Amount
$1,823,450
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Educational Data Systems, Inc.
Address
15300 Commerce Dr. N
ZIP Code
48120-1264
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (624310)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$81.0M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,800,000

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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