# PPP loan: DESTINY ARTS CENTER
> **$261K** approved 01/25/2021 · Paid in Full · Loan `5688088308`
## Borrower
- **Name:** DESTINY ARTS CENTER
- **Address:** 970 Grace Ave, Oakland, CA, 94608-2784
- **NAICS:** 711190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*