# PPP loan: FAIRMONT PRIVATE SCHOOLS
> **$5.84M** approved 04/07/2020 · Paid in Full · Loan `7510527010`
## Borrower
- **Name:** FAIRMONT PRIVATE SCHOOLS
- **Address:** 1575 MABLE ST, ANAHEIM, CA, 92802-1021
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.84M
- **Initial approval:** $5.84M
- **Forgiven:** $5.90M (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.38M
- **Rent:** $705K
- **Utilities:** $236K
- **Health care:** $515K
- **Jobs reported:** 362
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*