# PPP loan: LOWDEN SCHOOLHOUSE CORPORATION
> **$304K** approved 04/14/2020 · Paid in Full · Loan `6394167104`
## Borrower
- **Name:** LOWDEN SCHOOLHOUSE CORPORATION
- **Address:** 41 LOWDEN SCHOOL ROAD, LOWDEN, WA, 99360
- **NAICS:** 722410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $29K
- **Utilities:** $15K
- **Jobs reported:** 19
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*