# PPP loan: REDWOOD COAST MONTESSORI
> **$280K** approved 06/16/2020 · Paid in Full · Loan `6569217904`
## Borrower
- **Name:** REDWOOD COAST MONTESSORI
- **Address:** 1611 PENINSULA DR, ARCATA, CA, 95521-9658
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $293K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 32
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*