# PPP loan: CHILDREN'S ACADEMY, INC.
> **$177K** approved 04/27/2020 · Paid in Full · Loan `5238407206`
## Borrower
- **Name:** CHILDREN'S ACADEMY, INC.
- **Address:** 890 ETHAN ALLEN HWY, RIDGEFIELD, CT, 06877-2843
- **NAICS:** 621410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $157K (89%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Rent:** $26K
- **Utilities:** $9K
- **Jobs reported:** 28
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*