# PPP loan: TAKOMA PARK CHILD DEVELOPMENT CENTER INC.
> **$264K** approved 05/22/2020 · Paid in Full · Loan `1954227802`
## Borrower
- **Name:** TAKOMA PARK CHILD DEVELOPMENT CENTER INC.
- **Address:** 310 Tulip Avenue, Takoma Park, MD, 20912-4339
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Mortgage interest:** $40K
- **Utilities:** $26K
- **Jobs reported:** 18
## Lender
- **Originating:** Optus Bank
- **Servicing:** Optus Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*