# PPP loan: THE GALLOWAY SCHOOL
> **$313K** approved 04/06/2020 · Paid in Full · Loan `5781327001`
## Borrower
- **Name:** THE GALLOWAY SCHOOL
- **Address:** 3200 WEST BAY AREA BLVD, FREEPORT, TX, 77542
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Utilities:** $78K
- **Jobs reported:** 44
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*