The Institute for Educational Advancement

$229,500 PPP Loan in Pasadena, California

Loan Details

Loan Number
5997717010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$229,500
Current Approval
$229,500
Forgiveness Amount
$231,732
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Institute for Educational Advancement
Address
569 S Marengo Ave
ZIP Code
91101-3114
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
CA-28

Loan Use Breakdown

Payroll
$206,887
Utilities
$3,000
Health Care
$19,613

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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