# PPP loan: FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER INC.
> **$271K** approved 04/29/2020 · Paid in Full · Loan `3637987301`
## Borrower
- **Name:** FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER INC.
- **Address:** 3311 CARL SANDBURG CT, RALEIGH, NC, 27610-2047
- **NAICS:** 611110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 50
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*