# PPP loan: PENNSYLVANIA ACADEMY OF FINE ARTS
> **$1.60M** approved 03/18/2021 · Paid in Full · Loan `4155208604`
## Borrower
- **Name:** PENNSYLVANIA ACADEMY OF FINE ARTS
- **Address:** 128 N Broad St, Philadelphia, PA, 19102-1424
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.60M
- **Utilities:** $1
- **Jobs reported:** 140
## Lender
- **Originating:** Firstrust Savings Bank
- **Servicing:** Firstrust Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*