# PPP loan: THE PINES EDUCATION GROUP
> **$225K** approved 04/14/2020 · Paid in Full · Loan `7497577106`
## Borrower
- **Name:** THE PINES EDUCATION GROUP
- **Address:** 14833 Midway Rd Suite 210, ADDISON, TX, 75001
- **NAICS:** 721214
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $9K
- **Utilities:** $10K
- **Health care:** $16K
- **Jobs reported:** 21
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*