# PPP loan: PORTLEDGE SCHOOL
> **$2.22M** approved 04/09/2020 · Paid in Full · Loan `1115357108`
## Borrower
- **Name:** PORTLEDGE SCHOOL
- **Address:** 355 DUCK POND RD, LOCUST VALLEY, NY, 11560-2400
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.22M
- **Initial approval:** $2.22M
- **Forgiven:** $2.25M (101%)
- **Forgiveness date:** 05/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.22M
- **Jobs reported:** 126
## Lender
- **Originating:** The First National Bank of Long Island
- **Servicing:** The First National Bank of Long Island (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*