# PPP loan: INCARNATE WORD ACADEMY
> **$645K** approved 04/12/2020 · Paid in Full · Loan `4092647101`
## Borrower
- **Name:** INCARNATE WORD ACADEMY
- **Address:** 2788 Normandy Dr, SAINT LOUIS, MO, 63121-4705
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $652K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Utilities:** $153K
- **Jobs reported:** 83
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*