# PPP loan: MORGANTOWN EARLY LEARNING FACILITY
> **$167K** approved 04/13/2020 · Paid in Full · Loan `5701027104`
## Borrower
- **Name:** MORGANTOWN EARLY LEARNING FACILITY
- **Address:** 302 scott ave, morgantown, WV, 26508
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $12K
- **Utilities:** $8K
- **Jobs reported:** 47
## Lender
- **Originating:** Clear Mountain Bank, Inc.
- **Servicing:** Clear Mountain Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*