# PPP loan: HAMMOND URBAN ACADEMY INC
> **$500K** approved 02/04/2021 · Paid in Full · Loan `3274368408`
## Borrower
- **Name:** HAMMOND URBAN ACADEMY INC
- **Address:** 33 Muenich Ct, Hammond, IN, 46320-1706
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 06/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*