# PPP loan: APPLETREE INSTITUTE FOR EDUCATION INNOVATION, INC.
> **$1.98M** approved 04/30/2020 · Paid in Full · Loan `4650367302`
## Borrower
- **Name:** APPLETREE INSTITUTE FOR EDUCATION INNOVATION, INC.
- **Address:** 1801 MISSISSIPPI AVE SE 3RD FLOOR, WASHINGTON, DC, 20020-6124
- **NAICS:** 813319
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $1.98M
- **Forgiven:** $2.00M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.98M
- **Jobs reported:** 138
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*