# PPP loan: ACADEMY OF EXCELLENCE
> **$681K** approved 04/05/2020 · Paid in Full · Loan `5117567005`
## Borrower
- **Name:** ACADEMY OF EXCELLENCE
- **Address:** 633 S 12th St., MILWAUKEE, WI, 53204-1210
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $681K
- **Jobs reported:** 143
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*