# PPP loan: THE TRUSTEES OF FRYEBURG ACADEMY
> **$1.47M** approved 04/15/2020 · Paid in Full · Loan `1168627208`
## Borrower
- **Name:** THE TRUSTEES OF FRYEBURG ACADEMY
- **Address:** 745 MAIN ST, FRYEBURG, ME, 04037
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 145
## Lender
- **Originating:** Northway Bank
- **Servicing:** Northway Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*