Empire Education Corporation

$2,543,000 PPP Loan in Albany, New York

Loan Details

Loan Number
7627907010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,543,000
Current Approval
$2,543,000
Forgiveness Amount
$2,571,147
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Empire Education Corporation
Address
1 Park Place
City
Albany
ZIP Code
12205-2601
Business Type
Corporation
Industry (NAICS)
Educational Services (611410)
Business Age
Existing or more than 2 years old
Jobs Reported
217
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
NY-20

Loan Use Breakdown

Payroll
$1,017,200
Rent
$1,525,800

Lender Information

Servicing Lender
Berkshire Bank
Originating Lender
Berkshire Bank

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