# PPP loan: THE CTC ACADEMY INC.
> **$1.73M** approved 04/07/2020 · Paid in Full · Loan `6955567009`
## Borrower
- **Name:** THE CTC ACADEMY INC.
- **Address:** 29 01 BERKSHIRE RD, FAIR LAWN, NJ, 07410-3717
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $578K (33%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Jobs reported:** 200
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*