# PPP loan: THE MONARCH SCHOOL, INC.
> **$880K** approved 04/13/2020 · Exemption 4 · Loan `5684937103`
## Borrower
- **Name:** THE MONARCH SCHOOL, INC.
- **Address:** 2815 Rosefield Drive, HOUSTON, TX, 77080-2605
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $880K
- **Initial approval:** $880K
- **Forgiven:** $789K (90%)
- **Forgiveness date:** 02/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $880K
- **Jobs reported:** 94
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*