# PPP loan: SCHOOL BUSING INC
> **$359K** approved 03/01/2021 · Exemption 4 · Loan `5613298503`
## Borrower
- **Name:** SCHOOL BUSING INC
- **Address:** 7403 Bovoni No. 2-2, St Thomas, VI, 00804
- **NAICS:** 485999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $293K (82%)
- **Forgiveness date:** 07/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*