# PPP loan: CAPE FEAR CHRISTIAN ACADEMY, INC.
> **$218K** approved 04/27/2020 · Paid in Full · Loan `5967817200`
## Borrower
- **Name:** CAPE FEAR CHRISTIAN ACADEMY, INC.
- **Address:** 138 Erwin Chapel Road, ERWIN, NC, 28339
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Mortgage interest:** $41K
- **Utilities:** $14K
- **Jobs reported:** 45
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*