# PPP loan: NEW PARADIGM FOR EDUCATION, INC.
> **$3.18M** approved 05/01/2020 · Paid in Full · Loan `1624797708`
## Borrower
- **Name:** NEW PARADIGM FOR EDUCATION, INC.
- **Address:** 1903 WILKINS ST, DETROIT, MI, 48207
- **NAICS:** 813410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $2.96M (93%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.18M
- **Jobs reported:** 500
## 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*