# PPP loan: ARMAND HAMMER UNITED WORLD COLLEGE OF THE AMERICAN WEST
> **$1.22M** approved 04/06/2020 · Paid in Full · Loan `5745537008`
## Borrower
- **Name:** ARMAND HAMMER UNITED WORLD COLLEGE OF THE AMERICAN WEST
- **Address:** State Road 65, MONTEZUMA, NM, 87731-0248
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $976K
- **Rent:** $144K
- **Utilities:** $100K
- **Jobs reported:** 117
## Lender
- **Originating:** Community 1st Bank Las Vegas
- **Servicing:** Community 1st Bank Las Vegas (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*