# PPP loan: AMERICAN UNIVERSITY PREPARATION EDUCATION FOUNDATION LLC
> **$209K** approved 06/16/2020 · Exemption 4 · Loan `6306097903`
## Borrower
- **Name:** AMERICAN UNIVERSITY PREPARATION EDUCATION FOUNDATION LLC
- **Address:** 345 S. FIGUEROA ST, LOS ANGELES, CA, 90071-1001
- **NAICS:** 611691
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $50K (24%)
- **Forgiveness date:** 07/14/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 12
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*