# PPP loan: AYERS INSTITUTE, INC.
> **$205K** approved 04/05/2020 · Paid in Full · Loan `5393277008`
## Borrower
- **Name:** AYERS INSTITUTE, INC.
- **Address:** 3010 KNIGHT ST STE 370, SHREVEPORT, LA, 71105-2502
- **NAICS:** 611410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 25
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*