# PPP loan: WASATCH ACADEMY
> **$1.62M** approved 02/03/2021 · Paid in Full · Loan `2025268407`
## Borrower
- **Name:** WASATCH ACADEMY
- **Address:** 120 S 100 W, Mount Pleasant, UT, 84647-1509
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.63M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.62M
- **Utilities:** $1
- **Jobs reported:** 140
## Lender
- **Originating:** Cache Valley Bank
- **Servicing:** Cache Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*