# PPP loan: KIPP JACKSONVILLE, INC.
> **$1.81M** approved 04/14/2020 · Paid in Full · Loan `6983367103`
## Borrower
- **Name:** KIPP JACKSONVILLE, INC.
- **Address:** 1440 McDuff Ave N, JACKSONVILLE, FL, 32254
- **NAICS:** 812990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Rent:** $226K
- **Utilities:** $226K
- **Jobs reported:** 178
## 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*