# PPP loan: ASA COLLEGE, INC.
> **$5.62M** approved 04/06/2020 · Paid in Full · Loan `5877627002`
## Borrower
- **Name:** ASA COLLEGE, INC.
- **Address:** 151 Lawrence Street, BROOKLYN, NY, 11201-4289
- **NAICS:** 611310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.62M
- **Initial approval:** $5.62M
- **Forgiven:** $5.69M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.22M
- **Utilities:** $1.41M
- **Jobs reported:** 415
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*