# PPP loan: EDUCATIONAL CHILD CARE CENTER INC
> **$413K** approved 04/13/2020 · Paid in Full · Loan `4682327110`
## Borrower
- **Name:** EDUCATIONAL CHILD CARE CENTER INC
- **Address:** 1715 West Malcolm X Street, Lansing, MI, 48915-1010
- **NAICS:** 611710
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $402K
- **Mortgage interest:** $2K
- **Utilities:** $9K
- **Jobs reported:** 87
## Lender
- **Originating:** Michigan State University FCU
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*