# PPP loan: COASTAL LEARNING CENTER - MONMOUTH CORPORATION
> **$621K** approved 04/28/2020 · Paid in Full · Loan `7017047200`
## Borrower
- **Name:** COASTAL LEARNING CENTER - MONMOUTH CORPORATION
- **Address:** 7.50 PO BOX 439, ALLENWOOD, NJ, 08720
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 47
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** OceanFirst Bank, National Association (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*