# PPP loan: LANGUAGE TRAINING CENTER, INC
> **$486K** approved 04/29/2020 · Paid in Full · Loan `3117087309`
## Borrower
- **Name:** LANGUAGE TRAINING CENTER, INC
- **Address:** 8240 Exchange Drive Suite C 4, ORLANDO, FL, 32809
- **NAICS:** 611630
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 12/11/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $122K
- **Jobs reported:** 42
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*