# PPP loan: THE OAKS ACADEMY INC.
> **$1.68M** approved 02/25/2021 · Paid in Full · Loan `4320488503`
## Borrower
- **Name:** THE OAKS ACADEMY INC.
- **Address:** 1301 E 16th St, Indianapolis, IN, 46202-1947
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.69M (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.68M
- **Jobs reported:** 200
## Lender
- **Originating:** 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*