# PPP loan: KESTREL INSTITUTE
> **$362K** approved 04/27/2020 · Paid in Full · Loan `6315367206`
## Borrower
- **Name:** KESTREL INSTITUTE
- **Address:** 3260 Hillview Ave, Palo Alto, CA, 94304
- **NAICS:** 541715
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $362K
- **Initial approval:** $362K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Mortgage interest:** $90K
- **Jobs reported:** 16
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*