# PPP loan: AUSTIN MONTESSORI SCHOOL INC
> **$627K** approved 04/15/2020 · Paid in Full · Loan `9961517103`
## Borrower
- **Name:** AUSTIN MONTESSORI SCHOOL INC
- **Address:** 5006 Sunset Trail, AUSTIN, TX, 78745-1319
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $630K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $598K
- **Mortgage interest:** $13K
- **Utilities:** $16K
- **Jobs reported:** 61
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*