# PPP loan: ACE CHARTER SCHOOL
> **$1.88M** approved 04/15/2020 · Paid in Full · Loan `9853287109`
## Borrower
- **Name:** ACE CHARTER SCHOOL
- **Address:** 1100 SHASTA AVE SUITE 250, SAN JOSE, CA, 95126-2621
- **NAICS:** 611710
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 108
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*