# PPP loan: C B KING MEMORIAL SCHOOL INC
> **$976K** approved 02/25/2021 · Paid in Full · Loan `4233858509`
## Borrower
- **Name:** C B KING MEMORIAL SCHOOL INC
- **Address:** 1402 1st St, McGehee, AR, 71654
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $976K
- **Initial approval:** $976K
- **Forgiven:** $986K (101%)
- **Forgiveness date:** 03/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $976K
- **Utilities:** $1
- **Jobs reported:** 130
## Lender
- **Originating:** McGehee Bank
- **Servicing:** McGehee Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*