# PPP loan: APPLETREE DAY CARE, INC.
> **$225K** approved 04/12/2020 · Paid in Full · Loan `4155567110`
## Borrower
- **Name:** APPLETREE DAY CARE, INC.
- **Address:** 500 S. New Hope Road, RALEIGH, NC, 27610-1478
- **NAICS:** 624410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $250K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Jobs reported:** 50
## Lender
- **Originating:** KS Bank, Inc.
- **Servicing:** KS Bank, Inc. (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*