# PPP loan: NEW MEXICO SCHOOL FOR THE ARTS - ART INSTITUTE
> **$341K** approved 02/11/2021 · Paid in Full · Loan `6997878405`
## Borrower
- **Name:** NEW MEXICO SCHOOL FOR THE ARTS - ART INSTITUTE
- **Address:** 500 Montezuma Ave, Santa Fe, NM, 87501-2555
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 40
## Lender
- **Originating:** New Mexico Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*