# PPP loan: ED CHOICE, INC.
> **$425K** approved 04/13/2020 · Paid in Full · Loan `4675287102`
## Borrower
- **Name:** ED CHOICE, INC.
- **Address:** 111 Monument Circle Suite 2650, Indianapolis, IN, 46204-5102
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Mortgage interest:** $35K
- **Jobs reported:** 24
## 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*