# PPP loan: THE RUNNELS SCHOOL, INC.
> **$606K** approved 04/13/2020 · Paid in Full · Loan `4476327109`
## Borrower
- **Name:** THE RUNNELS SCHOOL, INC.
- **Address:** 17255 South Harrell's Ferry Road, BATON ROUGE, LA, 70816
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $614K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Utilities:** $152K
- **Jobs reported:** 142
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*