# PPP loan: INTERNATIONAL LITERACY ASSOCIATION
> **$672K** approved 03/12/2021 · Exemption 4 · Loan `1147748609`
## Borrower
- **Name:** INTERNATIONAL LITERACY ASSOCIATION
- **Address:** 258 Chapman Rd, Newark, DE, 19702-5445
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $661K (98%)
- **Forgiveness date:** 12/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $672K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*