# PPP loan: METHODIST CHILDREN'S HOME
> **$3.43M** approved 04/15/2020 · Paid in Full · Loan `8607787106`
## Borrower
- **Name:** METHODIST CHILDREN'S HOME
- **Address:** 1111 HERRING AVE, WACO, TX, 76708-3642
- **NAICS:** 623990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.43M
- **Initial approval:** $3.43M
- **Forgiven:** $3.46M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.43M
- **Jobs reported:** 325
## Lender
- **Originating:** Community Bank & Trust, Waco, Texas
- **Servicing:** Community Bank & Trust, Waco, Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*