# PPP loan: PACIFIC EDUCATION CORPORATION
> **$1.09M** approved 04/27/2020 · Charged Off · Loan `5799897202`
## Borrower
- **Name:** PACIFIC EDUCATION CORPORATION
- **Address:** 1631 Southwest Jefferson Street, Portland, OR, 97201-2551
- **NAICS:** 611310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 116
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*