# PPP loan: KIPP BALTIMORE, INC.
> **$630K** approved 04/14/2020 · Paid in Full · Loan `5988737101`
## Borrower
- **Name:** KIPP BALTIMORE, INC.
- **Address:** 2000 Edgewood Street, Baltimore, MD, 21216
- **NAICS:** —
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $81K
- **Health care:** $49K
- **Jobs reported:** 70
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*