# PPP loan: THE CHILDREN'S CENTER
> **$167K** approved 04/07/2020 · Paid in Full · Loan `7051617002`
## Borrower
- **Name:** THE CHILDREN'S CENTER
- **Address:** 605 JAMES AVE, ALBERT LEA, MN, 56007-2914
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $167K
- **Initial approval:** $168K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 36
## Lender
- **Originating:** Home Federal Savings Bank
- **Servicing:** Home Federal Savings Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*