# PPP loan: CEIBA COLLEGE PREP ACADEMY
> **$806K** approved 04/08/2020 · Paid in Full · Loan `8593117004`
## Borrower
- **Name:** CEIBA COLLEGE PREP ACADEMY
- **Address:** 260 W Riverside, WATSONVILLE, CA, 95076
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $815K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $605K
- **Rent:** $101K
- **Utilities:** $101K
- **Jobs reported:** 78
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*