# PPP loan: R&S PREP SCHOOL OPERATING ONE, INC.
> **$198K** approved 04/11/2020 · Paid in Full · Loan `2943367100`
## Borrower
- **Name:** R&S PREP SCHOOL OPERATING ONE, INC.
- **Address:** 12610 Nutty Brown Road, AUSTIN, TX, 78737-9298
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 23
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*