# PPP loan: CAROLINA FRIENDS SCHOOL
> **$1.27M** approved 04/06/2020 · Paid in Full · Loan `5810677001`
## Borrower
- **Name:** CAROLINA FRIENDS SCHOOL
- **Address:** 4809 Friends School, DURHAM, NC, 27705
- **NAICS:** 611110
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.28M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 111
## Lender
- **Originating:** Mechanics & Farmers Bank
- **Servicing:** Mechanics & Farmers Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*