# PPP loan: EDITORIAL PROJECTS IN EDUCATION
> **$1.66M** approved 04/16/2020 · Paid in Full · Loan `2359967202`
## Borrower
- **Name:** EDITORIAL PROJECTS IN EDUCATION
- **Address:** 6935 ARLINGTON ROAD SUITE 100, BETHESDA, MD, 20814
- **NAICS:** 511120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.66M
- **Initial approval:** $1.66M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Utilities:** $415K
- **Jobs reported:** 90
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*