# PPP loan: THE GRAUER FOUNDATION FOR EDUCATION
> **$576K** approved 04/13/2020 · Paid in Full · Loan `4530557110`
## Borrower
- **Name:** THE GRAUER FOUNDATION FOR EDUCATION
- **Address:** 1500 S. EL CAMINO REAL, ENCINITAS, CA, 92024-4908
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $580K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $461K
- **Mortgage interest:** $115K
- **Jobs reported:** 46
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*