# PPP loan: ACORN MONTESSORI CHARTER SCHOOL
> **$516K** approved 06/01/2020 · Paid in Full · Loan `6320107802`
## Borrower
- **Name:** ACORN MONTESSORI CHARTER SCHOOL
- **Address:** 8556 E LOOS DR, PRESCOTT VALLEY, AZ, 86314-6455
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $477K
- **Rent:** $4K
- **Mortgage interest:** $18K
- **Utilities:** $18K
- **Jobs reported:** 69
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*