# PPP loan: DREXEL NEUMANN ACADEMY INC.
> **$206K** approved 02/11/2021 · Paid in Full · Loan `6826558409`
## Borrower
- **Name:** DREXEL NEUMANN ACADEMY INC.
- **Address:** 1901 Potter St, Chester, PA, 19013-5436
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $210K (102%)
- **Forgiveness date:** 11/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 21
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*