# PPP loan: DISCOVERY ACADEMY OF LAKE ALFRED, INC.
> **$1.69M** approved 04/27/2020 · Paid in Full · Loan `5807637206`
## Borrower
- **Name:** DISCOVERY ACADEMY OF LAKE ALFRED, INC.
- **Address:** 1000 N. Buena Vista Drive, Lake Alfred, FL, 33850
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 156
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*