# PPP loan: ARCHWAY CHARTER SCHOOL OF CHESTER, INC.
> **$5.29M** approved 04/13/2020 · Paid in Full · Loan `5236707100`
## Borrower
- **Name:** ARCHWAY CHARTER SCHOOL OF CHESTER, INC.
- **Address:** 214 E. 5th Street, Chester, PA, 19013-4510
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.29M
- **Initial approval:** $5.31M
- **Forgiven:** $5.35M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.96M
- **Rent:** $661K
- **Utilities:** $661K
- **Jobs reported:** 353
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*