# PPP loan: THE BEAUFORT ACADEMY INC.
> **$428K** approved 04/14/2020 · Paid in Full · Loan `7513027106`
## Borrower
- **Name:** THE BEAUFORT ACADEMY INC.
- **Address:** 240 Sams Point Rd, Beauford, SC, 29907
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $321K
- **Utilities:** $107K
- **Jobs reported:** 107
## Lender
- **Originating:** Greater Nevada CU
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*