# PPP loan: AL-FALAH ACADEMY
> **$345K** approved 02/03/2021 · Paid in Full · Loan `2496058410`
## Borrower
- **Name:** AL-FALAH ACADEMY
- **Address:** 1835 Shackleford Ct, Norcross, GA, 30093-2949
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **Jobs reported:** 94
## Lender
- **Originating:** University Bank
- **Servicing:** University Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*