# PPP loan: PELOTON COLLEGE, LLC
> **$375K** approved 04/13/2020 · Paid in Full · Loan `5313337101`
## Borrower
- **Name:** PELOTON COLLEGE, LLC
- **Address:** 8150 N Central Expwy  Suite M-2240, DALLAS, TX, 75206
- **NAICS:** 611710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Rent:** $55K
- **Utilities:** $5K
- **Jobs reported:** 40
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*