# PPP loan: THE TRUSTEES OF LAWRENCE ACADEMY AT GROTON
> **$1.88M** approved 04/10/2020 · Paid in Full · Loan `2205977104`
## Borrower
- **Name:** THE TRUSTEES OF LAWRENCE ACADEMY AT GROTON
- **Address:** 26 Powderhouse Road, GROTON, MA, 01450-4700
- **NAICS:** 923110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $2.19M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.88M
- **Jobs reported:** 157
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*