# PPP loan: THE RALEIGH SCHOOL INC.
> **$671K** approved 04/10/2020 · Paid in Full · Loan `2576327107`
## Borrower
- **Name:** THE RALEIGH SCHOOL INC.
- **Address:** 1141 RALEIGH SCHOOL DR, RALEIGH, NC, 27607-3986
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $671K
- **Initial approval:** $671K
- **Forgiven:** $675K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $671K
- **Jobs reported:** 68
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*