# PPP loan: PEREA ELEMENTARY SCHOOL
> **$177K** approved 04/14/2020 · Paid in Full · Loan `6037857101`
## Borrower
- **Name:** PEREA ELEMENTARY SCHOOL
- **Address:** 1250 Vollintine Ave, MEMPHIS, TN, 38107-2826
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 27
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*