# PPP loan: WASHINGTON ADVENTIST UNIVERSITY
> **$2.39M** approved 05/22/2020 · Paid in Full · Loan `2170497809`
## Borrower
- **Name:** WASHINGTON ADVENTIST UNIVERSITY
- **Address:** 7600 Flower Avenue, Takoma Park, MD, 20912
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $2.42M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Utilities:** $250K
- **Health care:** $150K
- **Debt interest:** $120K
- **Jobs reported:** 475
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*