# PPP loan: THE CORAL REEF ALLIANCE
> **$312K** approved 04/30/2020 · Paid in Full · Loan `6925197309`
## Borrower
- **Name:** THE CORAL REEF ALLIANCE
- **Address:** 1330 BROADWAY suite 600, OAKLAND, CA, 94612-2505
- **NAICS:** 813312
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Rent:** $30K
- **Utilities:** $10K
- **Jobs reported:** 15
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*