# PPP loan: ASCENSION ACADEMY
> **$349K** approved 04/06/2020 · Paid in Full · Loan `6156337003`
## Borrower
- **Name:** ASCENSION ACADEMY
- **Address:** 9301 ASCENSION PKWY, AMARILLO, TX, 79119-6350
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Mortgage interest:** $16K
- **Utilities:** $33K
- **Jobs reported:** 52
## Lender
- **Originating:** Herring Bank
- **Servicing:** Herring Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*