# PPP loan: INSTITUTE FOR EDUCATIONAL ACHIEVEMENT
> **$528K** approved 05/01/2020 · Paid in Full · Loan `9235917710`
## Borrower
- **Name:** INSTITUTE FOR EDUCATIONAL ACHIEVEMENT
- **Address:** 381 Madison Avenue, New Milford, NJ, 07646
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $106K (20%)
- **Forgiveness date:** 10/12/2022
- **Status:** Paid in Full
- **Term:** 6 months
## Use of funds
- **Payroll:** $528K
- **Jobs reported:** 8
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*