# PPP loan: KWELLER PREP TUTORING & EDUCATIONAL SERVICES, INC.
> **$249K** approved 04/16/2020 · Paid in Full · Loan `3118797203`
## Borrower
- **Name:** KWELLER PREP TUTORING & EDUCATIONAL SERVICES, INC.
- **Address:** 10822 QUEENS BLVD 2FL, FOREST HILLS, NY, 11375
- **NAICS:** 611691
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $45K
- **Utilities:** $5K
- **Jobs reported:** 46
## 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*