# PPP loan: ST. FRANCIS AREA DEVELOPMENT CENTER
> **$978K** approved 04/06/2020 · Paid in Full · Loan `5705957000`
## Borrower
- **Name:** ST. FRANCIS AREA DEVELOPMENT CENTER
- **Address:** 448 N ROSSER ST, FORREST CITY, AR, 72335-3249
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $978K
- **Initial approval:** $978K
- **Forgiven:** $984K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $734K
- **Rent:** $245K
- **Jobs reported:** 325
## Lender
- **Originating:** Armor Bank
- **Servicing:** Armor Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*