# PPP loan: EDUCATIONAL MANAGEMENT SERVICES, INC.
> **$167K** approved 04/30/2020 · Paid in Full · Loan `5012407301`
## Borrower
- **Name:** EDUCATIONAL MANAGEMENT SERVICES, INC.
- **Address:** 23 Spice Bush Road, BUTLER, NJ, 07405
- **NAICS:** 611110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 8
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*