# PPP loan: SIERRA MADRE ACADEMY
> **$230K** approved 05/01/2020 · Paid in Full · Loan `8673227307`
## Borrower
- **Name:** SIERRA MADRE ACADEMY
- **Address:** 500 Las Flores Dr, SAN MARCOS, CA, 92078
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 36
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Square Capital, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*