# PPP loan: NEW SCHOOL FOR NEW ORLEANS
> **$468K** approved 04/08/2020 · Paid in Full · Loan `7805967010`
## Borrower
- **Name:** NEW SCHOOL FOR NEW ORLEANS
- **Address:** 1555 POYDRAS ST, Suite 781, NEW ORLEANS, LA, 70112-1250
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 01/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $459K
- **Rent:** $9K
- **Jobs reported:** 23
## Lender
- **Originating:** Liberty Bank and Trust Company
- **Servicing:** Liberty Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*