# PPP loan: NEW SCHOOL OF MONTPELIER, INC.
> **$543K** approved 04/04/2020 · Paid in Full · Loan `4666277010`
## Borrower
- **Name:** NEW SCHOOL OF MONTPELIER, INC.
- **Address:** 9 West Street, MONTPELIER, VT, 05602-3144
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $543K
- **Jobs reported:** 58
## Lender
- **Originating:** Union Bank
- **Servicing:** Union Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*