# PPP loan: MT CARMEL ACADEMY OF N.O. INC
> **$1.72M** approved 04/16/2020 · Paid in Full · Loan `2990067205`
## Borrower
- **Name:** MT CARMEL ACADEMY OF N.O. INC
- **Address:** 7027 Milne Blvd, New Orleans, LA, 70124-2341
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.72M
- **Jobs reported:** 170
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*