# PPP loan: NATIONAL CENTER ON EDUCATION AND THE ECONOMY
> **$1.50M** approved 01/31/2021 · Paid in Full · Loan `9565458310`
## Borrower
- **Name:** NATIONAL CENTER ON EDUCATION AND THE ECONOMY
- **Address:** 2121 K St NW Ste 700, Washington, DC, 20037-1800
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 52
## Lender
- **Originating:** BayVanguard Bank
- **Servicing:** BayVanguard Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*