# PPP loan: BIRCH TREE ACADEMY 1 LLC
> **$476K** approved 04/15/2020 · Paid in Full · Loan `1099627203`
## Borrower
- **Name:** BIRCH TREE ACADEMY 1 LLC
- **Address:** 10908 NE 112th St, KIRKLAND, WA, 98033
- **NAICS:** 611110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $476K
- **Initial approval:** $476K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $357K
- **Rent:** $114K
- **Utilities:** $5K
- **Jobs reported:** 77
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*