# PPP loan: EDUCATIONAL LEARNING AND ENRICHMENT CENTER, INC.
> **$2.94M** approved 05/01/2020 · Paid in Full · Loan `1702467710`
## Borrower
- **Name:** EDUCATIONAL LEARNING AND ENRICHMENT CENTER, INC.
- **Address:** 7055 BEECHNUT ST, HOUSTON, TX, 77074
- **NAICS:** 624310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.94M
- **Initial approval:** $2.94M
- **Forgiven:** $529K (18%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.94M
- **Jobs reported:** 385
## 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*