# PPP loan: ASM EDUCATIONAL CENTER, INC.
> **$178K** approved 05/01/2020 · Exemption 4 · Loan `7632407704`
## Borrower
- **Name:** ASM EDUCATIONAL CENTER, INC.
- **Address:** 11200 ROCKVILLE PIKE, ROCKVILLE, MD, 20852-3103
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $43K (24%)
- **Forgiveness date:** 09/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 35
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*