# PPP loan: NAVAL ACADEMY ATHLETIC ASSOCIATION
> **$2.00M** approved 03/12/2021 · Paid in Full · Loan `9260028505`
## Borrower
- **Name:** NAVAL ACADEMY ATHLETIC ASSOCIATION
- **Address:** 566 Brownson Rd, Annapolis, MD, 21402-5006
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 188
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*