# PPP loan: THE NEW CITY SCHOOL INC.
> **$844K** approved 02/24/2021 · Paid in Full · Loan `3800058508`
## Borrower
- **Name:** THE NEW CITY SCHOOL INC.
- **Address:** 5209 Waterman Blvd, Saint Louis, MO, 63108-1155
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $844K
- **Initial approval:** $844K
- **Forgiven:** $850K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $844K
- **Jobs reported:** 65
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*