# PPP loan: EDUCATE 2 ELEVATE, INC.
> **$200K** approved 05/01/2020 · Exemption 4 · Loan `5932897703`
## Borrower
- **Name:** EDUCATE 2 ELEVATE, INC.
- **Address:** SUITE 1005 1555 BONAVENTURE BLVD, WESTON, FL, 33326-4041
- **NAICS:** 611691
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $83K
- **Forgiven:** $84K (42%)
- **Forgiveness date:** 06/24/2021
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*