# PPP loan: ECONOMIC DEVELOPMENT CORP
> **$570K** approved 04/28/2020 · Paid in Full · Loan `6690447208`
## Borrower
- **Name:** ECONOMIC DEVELOPMENT CORP
- **Address:** 444 S Flower St Fl 34, LOS ANGELES, CA, 90071
- **NAICS:** 561110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Jobs reported:** 28
## 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*