Educational Resource Systems, Inc.
$1,245,000 PPP Loan in Red Bank, New Jersey
Loan Details
- Loan Number
- 3487687309
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,245,000
- Current Approval
- $1,245,000
- Forgiveness Amount
- $1,260,690
- Forgiveness Date
- Aug 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Educational Resource Systems, Inc.
- Address
- 2 Bridge Avenue Suite 623
- City
- Red Bank
- State
- New Jersey
- ZIP Code
- 07701
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $8.0M
- Rural/Urban
- Urban
- Congressional District
- NJ-06
Loan Use Breakdown
- Payroll
- $1,132,950
- Rent
- $12,450
- Utilities
- $37,350
- Health Care
- $49,800
- Mortgage Interest
- $12,450
Lender Information
- Servicing Lender
- American Express National Bank
- Originating Lender
- American Express National Bank
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|---|---|---|
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