# PPP loan: AVALON ACADEMY, THE
> **$322K** approved 05/01/2020 · Paid in Full · Loan `5362317701`
## Borrower
- **Name:** AVALON ACADEMY, THE
- **Address:** 818 MAHLER RD, BURLINGAME, CA, 94010-1604
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Jobs reported:** 43
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*