# PPP loan: FORCEY EDUCATIONAL ASSOCIATION
> **$655K** approved 04/14/2020 · Paid in Full · Loan `5744117107`
## Borrower
- **Name:** FORCEY EDUCATIONAL ASSOCIATION
- **Address:** 2130 East Randolph Road, BELTSVILLE, MD, 20705
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $655K
- **Forgiven:** $661K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $491K
- **Utilities:** $164K
- **Jobs reported:** 162
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*