# PPP loan: MONTESSORI NEW BEGINNINGS ACADEMY, INC
> **$254K** approved 04/07/2020 · Paid in Full · Loan `6962217007`
## Borrower
- **Name:** MONTESSORI NEW BEGINNINGS ACADEMY, INC
- **Address:** 4660 LEGACY DR, PLANO, TX, 75024-2130
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $51K
- **Jobs reported:** 40
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*