# PPP loan: THE TEACHING TRUST
> **$1.07M** approved 04/28/2020 · Paid in Full · Loan `1026497309`
## Borrower
- **Name:** THE TEACHING TRUST
- **Address:** 1349 EMPIRE CENTRAL DR STE 400, DALLAS, TX, 75247-4033
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $972K
- **Rent:** $30K
- **Utilities:** $6K
- **Health care:** $60K
- **Jobs reported:** 49
## Lender
- **Originating:** The First Bank of Celeste
- **Servicing:** The First Bank of Celeste (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*