# PPP loan: EDUCATORS FOR QUALITY ALTERNATIVES, INC.
> **$529K** approved 04/09/2020 · Paid in Full · Loan `9054657008`
## Borrower
- **Name:** EDUCATORS FOR QUALITY ALTERNATIVES, INC.
- **Address:** 1614 Oretha Castle Blvd, New orleans, LA, 70113-1311
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $452K
- **Rent:** $77K
- **Jobs reported:** 65
## Lender
- **Originating:** Hope FCU
- **Servicing:** Hope Enterprise Corporation (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*