# PPP loan: EDGEWOOD ACADEMY, INC.
> **$221K** approved 04/13/2020 · Paid in Full · Loan `4844107107`
## Borrower
- **Name:** EDGEWOOD ACADEMY, INC.
- **Address:** 5475 Elmore Road, ELMORE, AL, 36025-1610
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $219K (99%)
- **Forgiveness date:** 12/01/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Mortgage interest:** $44K
- **Jobs reported:** 26
## Lender
- **Originating:** First Community Bank of Central Alabama
- **Servicing:** First Community Bank of Central Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*