# PPP loan: ST RAYMOND SCHOOL
> **$194K** approved 04/14/2020 · Paid in Full · Loan `7511447110`
## Borrower
- **Name:** ST RAYMOND SCHOOL
- **Address:** 12320 PARAMOUNT BLVD, DOWNEY, CA, 90242-3538
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $240K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 23
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*