# PPP loan: THE ACADEMY AT PENGUIN HALL
> **$590K** approved 02/06/2021 · Paid in Full · Loan `4180888404`
## Borrower
- **Name:** THE ACADEMY AT PENGUIN HALL
- **Address:** 36 Essex St, Wenham, MA, 01984-1710
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $590K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*