# PPP loan: AYERS INSTITUTE INC.
> **$191K** approved 01/29/2021 · Paid in Full · Loan `8480308307`
## Borrower
- **Name:** AYERS INSTITUTE INC.
- **Address:** 3010 Knight St Ste 370, Shreveport, LA, 71105-2541
- **NAICS:** 611410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Jobs reported:** 24
## Lender
- **Originating:** Red River Bank
- **Servicing:** Red River Bank (LA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*