# PPP loan: NEW COVENANT ACADEMY
> **$640K** approved 04/03/2020 · Paid in Full · Loan `4381757008`
## Borrower
- **Name:** NEW COVENANT ACADEMY
- **Address:** 3304 S COX AVE, SPRINGFIELD, MO, 65807-4096
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Mortgage interest:** $6K
- **Utilities:** $18K
- **Jobs reported:** 158
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*