# PPP loan: AMERICAN QUARTER HORSE FOUNDATION
> **$1.21M** approved 04/07/2020 · Paid in Full · Loan `6801007002`
## Borrower
- **Name:** AMERICAN QUARTER HORSE FOUNDATION
- **Address:** 1600 QUARTER HORSE DR, AMARILLO, TX, 79104-3406
- **NAICS:** 813910
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $103K (8%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 8
## Lender
- **Originating:** Amarillo National Bank
- **Servicing:** Amarillo National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*