# PPP loan: CHILDREN'S HOMES, INC.
> **$345K** approved 04/15/2020 · Paid in Full · Loan `1032577207`
## Borrower
- **Name:** CHILDREN'S HOMES, INC.
- **Address:** 5515 Walcott Rd, Paragould, AR, 72450
- **NAICS:** 624221
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $86K
- **Jobs reported:** 43
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*