# PPP loan: PALM BEACH MARITIME ACADEMY
> **$1.07M** approved 05/19/2020 · Paid in Full · Loan `9056597410`
## Borrower
- **Name:** PALM BEACH MARITIME ACADEMY
- **Address:** 600 S.E. COAST AVE., LANTANA, FL, 33462-4577
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 72
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*