# PPP loan: THE PENNFIELD SCHOOL, INC.
> **$411K** approved 04/13/2020 · Paid in Full · Loan `4372347110`
## Borrower
- **Name:** THE PENNFIELD SCHOOL, INC.
- **Address:** 110 Sandy Point Avenue, PORTSMOUTH, RI, 02871-3512
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $415K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 41
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*