# PPP loan: CRESPI CARMELITE HIGH SCHOOL, INC
> **$1.36M** approved 04/13/2020 · Exemption 4 · Loan `5124827107`
## Borrower
- **Name:** CRESPI CARMELITE HIGH SCHOOL, INC
- **Address:** 5031 Alonzo Ave, Encino, CA, 91316-3611
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.24M (91%)
- **Forgiveness date:** 10/28/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Jobs reported:** 113
## Lender
- **Originating:** CRF Small Business Loan Company, LLC
- **Servicing:** CRF Small Business Loan Company, LLC (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*