# PPP loan: THE RON CLARK ACADEMY INC
> **$677K** approved 02/10/2021 · Paid in Full · Loan `6203498408`
## Borrower
- **Name:** THE RON CLARK ACADEMY INC
- **Address:** 228 Margaret St SE, Atlanta, GA, 30315-4105
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $677K
- **Initial approval:** $677K
- **Forgiven:** $685K (101%)
- **Forgiveness date:** 05/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $677K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*