# PPP loan: STEP AHEAD CHILDCARE ACADEMY INC
> **$160K** approved 05/12/2020 · Paid in Full · Loan `5697057403`
## Borrower
- **Name:** STEP AHEAD CHILDCARE ACADEMY INC
- **Address:** 4501 Hampton, Saint Louis, MO, 63109
- **NAICS:** 624410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $40K
- **Jobs reported:** 37
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*