# PPP loan: RESTORATION ACADEMY
> **$506K** approved 02/14/2021 · Paid in Full · Loan `8877338401`
## Borrower
- **Name:** RESTORATION ACADEMY
- **Address:** 4600 Carnegie Ave, Fairfield, AL, 35064-1430
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 62
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*