# PPP loan: LEARNING CITY ACADEMY III, LLC
> **$174K** approved 04/15/2020 · Paid in Full · Loan `2065857209`
## Borrower
- **Name:** LEARNING CITY ACADEMY III, LLC
- **Address:** 1890 NW 122 TERRACE, PEMBROKE PINES, FL, 33026-1966
- **NAICS:** 624110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $22K
- **Utilities:** $22K
- **Jobs reported:** 40
## Lender
- **Originating:** Banesco USA
- **Servicing:** Banesco USA (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*