# PPP loan: FOUNDERS ACADEMY
> **$329K** approved 04/10/2020 · Paid in Full · Loan `2033087100`
## Borrower
- **Name:** FOUNDERS ACADEMY
- **Address:** 5 PERIMETER ROAD, MANCHESTER, NH, 03103-3305
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Jobs reported:** 47
## Lender
- **Originating:** Merrimack County Savings Bank
- **Servicing:** Merrimack County Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*