# PPP loan: GROVES ACADEMY
> **$1.67M** approved 04/09/2020 · Paid in Full · Loan `1024367105`
## Borrower
- **Name:** GROVES ACADEMY
- **Address:** 3200 HIGHWAY 100 S, St Louis Park, MN, 55416-2175
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.67M
- **Initial approval:** $1.67M
- **Forgiven:** $1.68M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.67M
- **Jobs reported:** 132
## Lender
- **Originating:** Woodlands National Bank
- **Servicing:** Woodlands National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*