# PPP loan: THE WARE ACADEMY, INC.
> **$178K** approved 04/13/2020 · Paid in Full · Loan `5609817102`
## Borrower
- **Name:** THE WARE ACADEMY, INC.
- **Address:** 7936 John Clayton Mem. Hwy, GLOUCESTER, VA, 23061-5353
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Mortgage interest:** $18K
- **Utilities:** $9K
- **Jobs reported:** 19
## Lender
- **Originating:** Blue Ridge Bank National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*