# PPP loan: SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN
> **$412K** approved 04/08/2020 · Paid in Full · Loan `8130847004`
## Borrower
- **Name:** SHERWOOD & MYRTIE FOSTER HOME FOR CHILDREN
- **Address:** 1779 N Graham, STEPHENVILLE, TX, 76401-4201
- **NAICS:** 624110
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Health care:** $50K
- **Jobs reported:** 41
## Lender
- **Originating:** InterBank
- **Servicing:** InterBank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*