# PPP loan: THE ALTAMONT SCHOOL
> **$735K** approved 04/05/2020 · Paid in Full · Loan `5236927009`
## Borrower
- **Name:** THE ALTAMONT SCHOOL
- **Address:** 4801 ALTAMONT RD S, BIRMINGHAM, AL, 35222-4445
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $735K
- **Initial approval:** $735K
- **Forgiven:** $742K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $705K
- **Utilities:** $30K
- **Jobs reported:** 72
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*