# PPP loan: AMBITION PREPARATORY CHARTER SCHOOL
> **$160K** approved 04/08/2020 · Paid in Full · Loan `7766077010`
## Borrower
- **Name:** AMBITION PREPARATORY CHARTER SCHOOL
- **Address:** 5331 Clinton Blvd., JACKSON, MS, 39209-3003
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $25K
- **Utilities:** $3K
- **Jobs reported:** 20
## Lender
- **Originating:** Hope FCU
- **Servicing:** Hope Enterprise Corporation (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*