# PPP loan: AVE MARIE UNIVERSITY. INC
> **$2.70M** approved 04/14/2020 · Paid in Full · Loan `6157407100`
## Borrower
- **Name:** AVE MARIE UNIVERSITY. INC
- **Address:** 5050 Ave Maria Blvd, IMMOKALEE, FL, 34142
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.70M
- **Initial approval:** $2.70M
- **Forgiven:** $2.73M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Utilities:** $200K
- **Health care:** $100K
- **Jobs reported:** 266
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*