# PPP loan: GINDI MAIMONIDES ACADEMY
> **$1.38M** approved 04/07/2020 · Paid in Full · Loan `7446487005`
## Borrower
- **Name:** GINDI MAIMONIDES ACADEMY
- **Address:** 8511 BEVERLY PL, LOS ANGELES, CA, 90048-1937
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.39M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Mortgage interest:** $57K
- **Utilities:** $19K
- **Health care:** $34K
- **Jobs reported:** 105
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*