# PPP loan: COLLEGIATE ACADEMIES
> **$5.15M** approved 04/10/2020 · Paid in Full · Loan `2404417103`
## Borrower
- **Name:** COLLEGIATE ACADEMIES
- **Address:** 2625 THALIA ST, NEW ORLEANS, LA, 70113-2843
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.15M
- **Initial approval:** $5.15M
- **Forgiven:** $5.21M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.70M
- **Health care:** $453K
- **Jobs reported:** 445
## Lender
- **Originating:** Liberty Bank and Trust Company
- **Servicing:** Liberty Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*