# PPP loan: FRANKIE LEMMON SCHOOL AND DEVELOPMENTAL CENTER INC.
> **$290K** approved 02/24/2021 · Paid in Full · Loan `3875418503`
## 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:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*