# PPP loan: ROYAL PALM ACADEMY, INC
> **$457K** approved 04/13/2020 · Paid in Full · Loan `5707247101`
## Borrower
- **Name:** ROYAL PALM ACADEMY, INC
- **Address:** 16100 Livingston Road, NAPLES, FL, 34110-3218
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $457K
- **Initial approval:** $457K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Jobs reported:** 39
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*