# PPP loan: MIDLAND ACADEMY CHARTER SCHOOL INC
> **$519K** approved 05/06/2020 · Paid in Full · Loan `2566327408`
## Borrower
- **Name:** MIDLAND ACADEMY CHARTER SCHOOL INC
- **Address:** 500 n baird, midland, TX, 79701-4704
- **NAICS:** 813990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $489K (94%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $519K
- **Jobs reported:** 48
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*