# PPP loan: CUMBERLAND ACADEMY
> **$1.85M** approved 04/13/2020 · Paid in Full · Loan `4210207100`
## Borrower
- **Name:** CUMBERLAND ACADEMY
- **Address:** 1340 SHILOH RD, TYLER, TX, 75703-1523
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Rent:** $369K
- **Mortgage interest:** $37K
- **Utilities:** $55K
- **Jobs reported:** 249
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*