# PPP loan: CHAPELGATE CHRISTIAN ACADEMY
> **$555K** approved 04/14/2020 · Paid in Full · Loan `7137897104`
## Borrower
- **Name:** CHAPELGATE CHRISTIAN ACADEMY
- **Address:** 2600 Marriottsville Road, Marriottsville, MD, 21104
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $560K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Health care:** $44K
- **Jobs reported:** 63
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*