# PPP loan: GRAND CLASSROOM INC.
> **$642K** approved 02/08/2021 · Paid in Full · Loan `5501198405`
## Borrower
- **Name:** GRAND CLASSROOM INC.
- **Address:** 1455 Rio Road East, Charlottesville, VA, 22901-1771
- **NAICS:** 561520
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $644K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $642K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*