# PPP loan: CAROUSEL FARM'S EDUCATIONAL CENTER, INC.
> **$257K** approved 04/13/2020 · Paid in Full · Loan `5705387104`
## Borrower
- **Name:** CAROUSEL FARM'S EDUCATIONAL CENTER, INC.
- **Address:** 226 Grenoble Road Ivyland, WARMINSTER, PA, 18974
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $36K
- **Utilities:** $6K
- **Debt interest:** $1K
- **Jobs reported:** 28
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*