# PPP loan: THE GAGIE SCHOOL
> **$267K** approved 04/10/2020 · Paid in Full · Loan `1377887103`
## Borrower
- **Name:** THE GAGIE SCHOOL
- **Address:** 615 Fairview Ave, KALAMAZOO, MI, 49008-2420
- **NAICS:** 611110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 35
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*