# PPP loan: SARATOGA PERFORMING ARTS CENTER
> **$531K** approved 04/04/2020 · Paid in Full · Loan `4617127004`
## Borrower
- **Name:** SARATOGA PERFORMING ARTS CENTER
- **Address:** 108 AVENUE OF THE PNES, SARATOGA SPRINGS, NY, 12866-6220
- **NAICS:** 711190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Jobs reported:** 50
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*