# PPP loan: EDUCATORS ADVANCEMENT GROUP, INC.
> **$921K** approved 05/01/2020 · Paid in Full · Loan `1328677702`
## Borrower
- **Name:** EDUCATORS ADVANCEMENT GROUP, INC.
- **Address:** 20624 ABBEY WOODS CT N, FRANKFORT, IL, 60423
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $921K
- **Initial approval:** $921K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $726K
- **Rent:** $80K
- **Utilities:** $30K
- **Health care:** $75K
- **Debt interest:** $10K
- **Jobs reported:** 77
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*