# PPP loan: ABC PRE-SCHOOL, INC.
> **$175K** approved 04/28/2020 · Charged Off · Loan `6847347201`
## Borrower
- **Name:** ABC PRE-SCHOOL, INC.
- **Address:** 13931 State Highway 31 West, Tyler, TX, 75709-4131
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $153K (87%)
- **Forgiveness date:** 05/19/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 38
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*