# PPP loan: SPRINGBOARD SCHOOLS, INC.
> **$607K** approved 04/04/2020 · Paid in Full · Loan `4634237004`
## Borrower
- **Name:** SPRINGBOARD SCHOOLS, INC.
- **Address:** 508 GROTON RD, WESTFORD, MA, 01886-1151
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $607K
- **Initial approval:** $607K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $455K
- **Rent:** $152K
- **Jobs reported:** 105
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*