# PPP loan: PRIDESTAR STUDENT TRANSPORTATION, INC.
> **$503K** approved 04/10/2020 · Paid in Full · Loan `1510877100`
## Borrower
- **Name:** PRIDESTAR STUDENT TRANSPORTATION, INC.
- **Address:** 229 STEDMAN ST, LOWELL, MA, 01851-2705
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $120K (24%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Mortgage interest:** $78K
- **Utilities:** $15K
- **Health care:** $39K
- **Debt interest:** $8K
- **Jobs reported:** 113
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*