# PPP loan: SANDIA SCHOOL
> **$1.46M** approved 04/07/2020 · Paid in Full · Loan `6711077008`
## Borrower
- **Name:** SANDIA SCHOOL
- **Address:** 532 OSUNA RD, ALBUQUERQUE, NM, 87113-1031
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.09M
- **Rent:** $182K
- **Utilities:** $182K
- **Jobs reported:** 116
## 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*