# PPP loan: CAPITOL EDUCATION FOUNDATION
> **$477K** approved 04/15/2020 · Paid in Full · Loan `9338207102`
## Borrower
- **Name:** CAPITOL EDUCATION FOUNDATION
- **Address:** 1000 N 23RD ST, BATON ROUGE, LA, 70802-3337
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Utilities:** $17K
- **Jobs reported:** 35
## Lender
- **Originating:** Hope Enterprise Corporation
- **Servicing:** Hope Enterprise Corporation (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*