# PPP loan: THE PALACE ACADEMY
> **$192K** approved 04/10/2020 · Paid in Full · Loan `2316837100`
## Borrower
- **Name:** THE PALACE ACADEMY
- **Address:** 1014 N. Ninth Street, Midlothian, TX, 79065
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Jobs reported:** 48
## Lender
- **Originating:** Grandview Bank
- **Servicing:** Grandview Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*