# PPP loan: ROYAL PALM CHARTER SCHOOL, INC.
> **$393K** approved 05/01/2020 · Paid in Full · Loan `2035387710`
## Borrower
- **Name:** ROYAL PALM CHARTER SCHOOL, INC.
- **Address:** 7145 BABCOCK ST SE, PALM BAY, FL, 32909
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $393K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Health care:** $29K
- **Jobs reported:** 40
## 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*