# PPP loan: NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION
> **$660K** approved 04/27/2020 · Exemption 4 · Loan `5461087209`
## Borrower
- **Name:** NATIONAL INTERSCHOLASTIC CYCLING ASSOCIATION
- **Address:** 2414   6TH ST, BERKELEY, CA, 94710-2414
- **NAICS:** 711211
- **Business type:** Professional Association
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $521K (79%)
- **Forgiveness date:** 12/16/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 48
## Lender
- **Originating:** First Western Trust Bank
- **Servicing:** First Western Trust Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*