# PPP loan: MARCO ISLAND ACADEMY, A PUBLIC CHARTER HIGH SCHOOL, INC
> **$395K** approved 04/12/2020 · Paid in Full · Loan `3798797108`
## Borrower
- **Name:** MARCO ISLAND ACADEMY, A PUBLIC CHARTER HIGH SCHOOL, INC
- **Address:** 2255 San Marco Rd, MARCO ISLAND, FL, 34145-6925
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Mortgage interest:** $55K
- **Utilities:** $10K
- **Health care:** $10K
- **Jobs reported:** 47
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*