# PPP loan: PEARSON INCORPORATED
> **$550K** approved 01/16/2021 · Paid in Full · Loan `1269368306`
## Borrower
- **Name:** PEARSON INCORPORATED
- **Address:** 27271 Ironworks Ave, Harrisburg, SD, 57032-8116
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Reliabank Dakota
- **Servicing:** Reliabank Dakota (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*