# PPP loan: HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES
> **$669K** approved 04/07/2020 · Paid in Full · Loan `6661877002`
## Borrower
- **Name:** HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES
- **Address:** 8415 Datapoint Dr #400, SAN ANTONIO, TX, 78229-3231
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $669K
- **Initial approval:** $669K
- **Forgiven:** $677K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Rent:** $167K
- **Jobs reported:** 48
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*