# PPP loan: R.I. ALTERNATIVE ACADEMY MANAGEMENT LLC
> **$459K** approved 03/06/2021 · Paid in Full · Loan `7422358504`
## Borrower
- **Name:** R.I. ALTERNATIVE ACADEMY MANAGEMENT LLC
- **Address:** 192 Stony Ln, North Kingstown, RI, 02852-3826
- **NAICS:** 611110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $462K (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $459K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*