# PPP loan: FAYETTE ACADEMY
> **$631K** approved 01/31/2021 · Paid in Full · Loan `9649698309`
## Borrower
- **Name:** FAYETTE ACADEMY
- **Address:** 15090 US Highway 64, Somerville, TN, 38068-6907
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $635K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $631K
- **Utilities:** $1
- **Jobs reported:** 79
## Lender
- **Originating:** Trustmark National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*