# PPP loan: DEVON PREPARATORY SCHOOL
> **$922K** approved 04/13/2020 · Paid in Full · Loan `4620797105`
## Borrower
- **Name:** DEVON PREPARATORY SCHOOL
- **Address:** 363 N Valley Forge Road, DEVON, PA, 19333-1238
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $922K
- **Initial approval:** $922K
- **Forgiven:** $930K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $775K
- **Utilities:** $80K
- **Health care:** $16K
- **Debt interest:** $50K
- **Jobs reported:** 83
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*