# PPP loan: PHILIP'S ACADEMY CHARTER SCHOOL OF PATERSON, INC.
> **$517K** approved 04/28/2020 · Paid in Full · Loan `7368317200`
## Borrower
- **Name:** PHILIP'S ACADEMY CHARTER SCHOOL OF PATERSON, INC.
- **Address:** 47 State Street,, Paterson, NJ, 07501
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Jobs reported:** 47
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*