# PPP loan: EMPIRE EDUCATION CORPORATION
> **$2.54M** approved 04/07/2020 · Paid in Full · Loan `7627907010`
## Borrower
- **Name:** EMPIRE EDUCATION CORPORATION
- **Address:** 1 Park Place, ALBANY, NY, 12205-2601
- **NAICS:** 611410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.54M
- **Initial approval:** $2.54M
- **Forgiven:** $2.57M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Rent:** $1.53M
- **Jobs reported:** 217
## Lender
- **Originating:** Berkshire Bank
- **Servicing:** Berkshire Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*