# PPP loan: SOUTH CHOCTAW ACADEMY INC
> **$151K** approved 04/30/2020 · Paid in Full · Loan `5503077303`
## Borrower
- **Name:** SOUTH CHOCTAW ACADEMY INC
- **Address:** 5245 NEW HOPE ROAD, TOXEY, AL, 36921
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 29
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*