# PPP loan: ACADEMY CONSTRUCTION
> **$207K** approved 01/29/2021 · Paid in Full · Loan `8608178305`
## Borrower
- **Name:** ACADEMY CONSTRUCTION
- **Address:** 205 US Highway 46 Ste 14, Totowa, NJ, 07512-1815
- **NAICS:** 562910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 7
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*