# PPP loan: SARASOTA PERFORMING ARTS CENTER FOUNDATION INC
> **$154K** approved 02/07/2021 · Paid in Full · Loan `5034038403`
## Borrower
- **Name:** SARASOTA PERFORMING ARTS CENTER FOUNDATION INC
- **Address:** 201 Cocoanut Ave, Sarasota, FL, 34236-4917
- **NAICS:** 813211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 6
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*