# PPP loan: STEPPING STONES SCHOOL INC
> **$179K** approved 02/03/2021 · Exemption 4 · Loan `2454658404`
## Borrower
- **Name:** STEPPING STONES SCHOOL INC
- **Address:** 5532 La Palma Ave, La Palma, CA, 90623-2103
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $183K
- **Forgiven:** $29K (16%)
- **Forgiveness date:** 08/23/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*