# PPP loan: ACADEMY CHILD DEVELOPMENT CENTER INC.
> **$444K** approved 02/23/2021 · Paid in Full · Loan `3116228504`
## Borrower
- **Name:** ACADEMY CHILD DEVELOPMENT CENTER INC.
- **Address:** 10109 Darnestown Rd, Rockville, MD, 20850-3901
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $444K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*