# PPP loan: VALLEY FORGE MILITARY ACADEMY FOUNDATION
> **$1.80M** approved 02/09/2021 · Paid in Full · Loan `6010228401`
## Borrower
- **Name:** VALLEY FORGE MILITARY ACADEMY FOUNDATION
- **Address:** 1001 Eagle Rd, Wayne, PA, 19087-3613
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.80M
- **Utilities:** $1
- **Jobs reported:** 138
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*