# PPP loan: PRESBYTERIAN HOME FOR CHILDREN
> **$297K** approved 04/07/2020 · Paid in Full · Loan `7416097005`
## Borrower
- **Name:** PRESBYTERIAN HOME FOR CHILDREN
- **Address:** 905 ASHLAND HWY, TALLADEGA, AL, 35160-2586
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Health care:** $39K
- **Jobs reported:** 48
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*