# PPP loan: RED BALLOON EARLY LEARNING CENTERS, INC.
> **$192K** approved 04/27/2020 · Paid in Full · Loan `3606527202`
## Borrower
- **Name:** RED BALLOON EARLY LEARNING CENTERS, INC.
- **Address:** 2910 Gillette Street, La Crosse, WI, 54601
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $192K
- **Initial approval:** $192K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Mortgage interest:** $7K
- **Utilities:** $5K
- **Jobs reported:** 42
## Lender
- **Originating:** Altra FCU
- **Servicing:** Altra FCU (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*