# PPP loan: FRANKLIN CHRISTIAN ACADEMY
> **$262K** approved 04/10/2020 · Paid in Full · Loan `2500137102`
## Borrower
- **Name:** FRANKLIN CHRISTIAN ACADEMY
- **Address:** 818 OLD CHARLOTTE PIKE, FRANKLIN, TN, 37064-4803
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $65K
- **Jobs reported:** 28
## Lender
- **Originating:** First Freedom Bank
- **Servicing:** First Freedom Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*