# PPP loan: HOUSTON BALLET FOUNDATION
> **$3.47M** approved 04/11/2020 · Paid in Full · Loan `3225907107`
## Borrower
- **Name:** HOUSTON BALLET FOUNDATION
- **Address:** 601 PRESTON ST 0.0, HOUSTON, TX, 77002-1605
- **NAICS:** 711120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.47M
- **Initial approval:** $3.47M
- **Forgiven:** $3.51M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Mortgage interest:** $40K
- **Utilities:** $77K
- **Health care:** $346K
- **Jobs reported:** 323
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*