# PPP loan: FOUNDATION PREPARATORY INC
> **$266K** approved 04/27/2020 · Paid in Full · Loan `3531057208`
## Borrower
- **Name:** FOUNDATION PREPARATORY INC
- **Address:** 3121 Saint Bernard Ave, New Orleans, LA, 70119-1916
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 38
## Lender
- **Originating:** Hope Enterprise Corporation
- **Servicing:** Hope Enterprise Corporation (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*