# PPP loan: AMERICAN SCHOOL INCORPORATED
> **$225K** approved 04/02/2021 · Paid in Full · Loan `5322798707`
## Borrower
- **Name:** AMERICAN SCHOOL INCORPORATED
- **Address:** C-1  P Street Hermanos Davila, Bayamon, PR, 00959
- **NAICS:** 611310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 37
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*