# PPP loan: AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES INC.
> **$467K** approved 02/04/2021 · Paid in Full · Loan `3247508407`
## Borrower
- **Name:** AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES INC.
- **Address:** 1001 N Fairfax St Ste 200, Alexandria, VA, 22314-1587
- **NAICS:** 611630
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $467K
- **Initial approval:** $467K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $467K
- **Jobs reported:** 32
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*