# PPP loan: CONCORD CHILDRENS ACADEMY INC
> **$205K** approved 04/13/2020 · Paid in Full · Loan `5392117102`
## Borrower
- **Name:** CONCORD CHILDRENS ACADEMY INC
- **Address:** 1951 Derita road, CONCORD, NC, 28027
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $205K
- **Initial approval:** $238K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 40
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*