# PPP loan: OAKWOOD ACADEMY SCHOOLS INC
> **$361K** approved 03/26/2021 · Paid in Full · Loan `9695018610`
## Borrower
- **Name:** OAKWOOD ACADEMY SCHOOLS INC
- **Address:** 3850 Long Beach Blvd, Long Beach, CA, 90807-3312
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $361K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*