# PPP loan: THE CORAL REEF ALLIANCE
> **$312K** approved 01/31/2021 · Paid in Full · Loan `1018978405`
## Borrower
- **Name:** THE CORAL REEF ALLIANCE
- **Address:** 1330 Broadway Ste 600, Oakland, CA, 94612-2505
- **NAICS:** 813312
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 04/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*