# PPP loan: NEW HOPE ACADEMY INC
> **$463K** approved 02/02/2021 · Paid in Full · Loan `1726278408`
## Borrower
- **Name:** NEW HOPE ACADEMY INC
- **Address:** 1820 Downs Blvd, Franklin, TN, 37064-6859
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $467K (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 41
## 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*