# PPP loan: FREDERICA ACADEMY INC,
> **$794K** approved 04/15/2020 · Paid in Full · Loan `8173707106`
## Borrower
- **Name:** FREDERICA ACADEMY INC,
- **Address:** 200 Murray Way, SAINT SIMONS ISLAND, GA, 31522
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $794K
- **Initial approval:** $794K
- **Forgiven:** $798K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $794K
- **Jobs reported:** 144
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*