# PPP loan: ACADEMY YOUTH SERVICE ORGANIZATION
> **$395K** approved 02/07/2021 · Paid in Full · Loan `5038378408`
## Borrower
- **Name:** ACADEMY YOUTH SERVICE ORGANIZATION
- **Address:** 14401 Willow Ln, Huntington Beach, CA, 92647-2254
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*