# PPP loan: PLAN BEE ACADAMY
> **$588K** approved 04/08/2020 · Paid in Full · Loan `7733207005`
## Borrower
- **Name:** PLAN BEE ACADAMY
- **Address:** 4500 Peek Trail, CHESAPEAKE, VA, 23321-2142
- **NAICS:** 611691
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $441K
- **Utilities:** $147K
- **Jobs reported:** 89
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*