# PPP loan: AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES, INC.
> **$499K** approved 04/28/2020 · Paid in Full · Loan `9991437202`
## Borrower
- **Name:** AMERICAN COUNCIL ON TEACHING FOREIGN LANGUAGES, INC.
- **Address:** 1001 N Fairfax St, STE 200, Alexandria, VA, 22314
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 30
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*