# PPP loan: AL-ARQAM ISLAMIC SCHOOL
> **$499K** approved 01/15/2021 · Paid in Full · Loan `9969488206`
## Borrower
- **Name:** AL-ARQAM ISLAMIC SCHOOL
- **Address:** 6990 65th St, Sacramento, CA, 95823-2316
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $499K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Beneficial State Bank
- **Servicing:** Beneficial State Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*