# PPP loan: THE SONORAN INSTITUTE
> **$243K** approved 03/12/2021 · Paid in Full · Loan `1053008609`
## Borrower
- **Name:** THE SONORAN INSTITUTE
- **Address:** 100 N Stone Ave Ste 1001, Tucson, AZ, 85701-1517
- **NAICS:** 813312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 14
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*