# PPP loan: THE NEW SCHOOL, INC.
> **$333K** approved 04/14/2020 · Paid in Full · Loan `6536157108`
## Borrower
- **Name:** THE NEW SCHOOL, INC.
- **Address:** 5617 Sunset Lake Road, Holly Springs, NC, 27540
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $333K
- **Jobs reported:** 23
## Lender
- **Originating:** First Federal Bank
- **Servicing:** First Federal Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*