# PPP loan: EARLY LEARNING INSTITUTE
> **$825K** approved 04/13/2020 · Paid in Full · Loan `5196837109`
## Borrower
- **Name:** EARLY LEARNING INSTITUTE
- **Address:** 2800 W BAYSHORE RD, PALO ALTO, CA, 94303-3843
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $834K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Rent:** $145K
- **Utilities:** $20K
- **Jobs reported:** 80
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*