# PPP loan: PLAY, LEARN & GROW, INC.
> **$155K** approved 04/06/2020 · Paid in Full · Loan `5978227010`
## Borrower
- **Name:** PLAY, LEARN & GROW, INC.
- **Address:** 311 GERMANIA ST, BAY CITY, MI, 48706-5056
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Mortgage interest:** $3K
- **Utilities:** $3K
- **Debt interest:** $200
- **Jobs reported:** 25
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*