# PPP loan: SCHOOLS FOR CHILDREN, INC.
> **$1.70M** approved 04/27/2020 · Paid in Full · Loan `4904357202`
## Borrower
- **Name:** SCHOOLS FOR CHILDREN, INC.
- **Address:** 8 Winchester place suite 202, Winchester, MA, 01890
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Rent:** $119K
- **Utilities:** $14K
- **Jobs reported:** 138
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*