# PPP loan: ACADEMY OF DALLAS
> **$338K** approved 04/10/2020 · Paid in Full · Loan `1262397109`
## Borrower
- **Name:** ACADEMY OF DALLAS
- **Address:** 2324 S. Vernon Avenue 0.0, Dallas, TX, 75224-1812
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $51K
- **Utilities:** $17K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*