# PPP loan: VALLEY FORGE MILITARY ACADEMY FOUNDATION
> **$1.59M** approved 04/09/2020 · Paid in Full · Loan `9066157008`
## Borrower
- **Name:** VALLEY FORGE MILITARY ACADEMY FOUNDATION
- **Address:** 1001 EAGLE RD, WAYNE, PA, 19087-3613
- **NAICS:** 611210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $28K
- **Mortgage interest:** $18K
- **Utilities:** $106K
- **Jobs reported:** 94
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*