# PPP loan: EDUCATIONAL DATA SYSTEMS, INC.
> **$1.80M** approved 04/29/2020 · Paid in Full · Loan `2927907303`
## Borrower
- **Name:** EDUCATIONAL DATA SYSTEMS, INC.
- **Address:** 15300 Commerce Dr. N, Dearborn, MI, 48120-1264
- **NAICS:** 624310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $6.55M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Jobs reported:** 500
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*