# PPP loan: FAYETTEVILLE ACADEMY
> **$729K** approved 04/28/2020 · Paid in Full · Loan `1227737305`
## Borrower
- **Name:** FAYETTEVILLE ACADEMY
- **Address:** 3200 CLIFFDALE RD, FAYETTEVILLE, NC, 28303-4937
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $729K
- **Initial approval:** $729K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $729K
- **Jobs reported:** 70
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*