# PPP loan: HUTSON SCHOOL INC. (DBA FORTUNE ACADEMY)
> **$264K** approved 05/01/2020 · Paid in Full · Loan `1327267804`
## Borrower
- **Name:** HUTSON SCHOOL INC. (DBA FORTUNE ACADEMY)
- **Address:** 5626 Lawton Loop East Drive, Indianapolis, IN, 46216-1013
- **NAICS:** 611110
- **Business type:** —
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Jobs reported:** 30
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*