# PPP loan: KING/CHAVEZ ACADEMY OF EXCELLENCE
> **$1.88M** approved 06/15/2020 · Paid in Full · Loan `5515587910`
## Borrower
- **Name:** KING/CHAVEZ ACADEMY OF EXCELLENCE
- **Address:** 2260 ISLAND AVE, SAN DIEGO, CA, 92102-2921
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $2.74M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 200
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*