# PPP loan: THE SALEM ACADEMY AND COLLEGE
> **$2.00M** approved 01/25/2021 · Paid in Full · Loan `5348868310`
## Borrower
- **Name:** THE SALEM ACADEMY AND COLLEGE
- **Address:** 601 S Church St, Winston Salem, NC, 27101-5318
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 04/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 225
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*