# PPP loan: ALCOTT SCHOOL
> **$1.30M** approved 02/04/2021 · Paid in Full · Loan `3290568409`
## Borrower
- **Name:** ALCOTT SCHOOL
- **Address:** 27 Crane Rd, Scarsdale, NY, 10583-4251
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $1
- **Jobs reported:** 133
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*