# PPP loan: URBAN TEACHER CENTER, INC
> **$2.00M** approved 04/15/2020 · Paid in Full · Loan `8813677109`
## Borrower
- **Name:** URBAN TEACHER CENTER, INC
- **Address:** 1800 Washington Boulevard Suite 411, Baltimore, MD, 21230
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Rent:** $305K
- **Utilities:** $4K
- **Health care:** $82K
- **Debt interest:** $10K
- **Jobs reported:** 110
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*