# PPP loan: EDUCATIONAL RESOURCE DEVELOPMENT TRUST
> **$234K** approved 05/01/2020 · Paid in Full · Loan `7493727705`
## Borrower
- **Name:** EDUCATIONAL RESOURCE DEVELOPMENT TRUST
- **Address:** 2601 OCEAN BLVD, SANTA MONICA, CA, 90405
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 21
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*