# PPP loan: FRIENDS OF KING SCHOOL
> **$2.01M** approved 04/10/2020 · Paid in Full · Loan `2354807103`
## Borrower
- **Name:** FRIENDS OF KING SCHOOL
- **Address:** 1617 CAFFIN AVE, NEW ORLEANS, LA, 70117-2909
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $2.04M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.75M
- **Health care:** $267K
- **Jobs reported:** 203
## Lender
- **Originating:** Liberty Bank and Trust Company
- **Servicing:** Liberty Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*