# PPP loan: THE ADULT SKILLS CENTER
> **$1.79M** approved 04/15/2020 · Paid in Full · Loan `8897367106`
## Borrower
- **Name:** THE ADULT SKILLS CENTER
- **Address:** 16600 Sherman Way Suite 240, VAN NUYS, CA, 91406-3875
- **NAICS:** 624120
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.02M
- **Forgiven:** $1.82M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Jobs reported:** 260
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*