# PPP loan: WORCESTER ACADEMY
> **$2.56M** approved 04/13/2020 · Paid in Full · Loan `4935127108`
## Borrower
- **Name:** WORCESTER ACADEMY
- **Address:** 81 PROVIDENCE ST., WORCESTER, MA, 01604-4203
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.56M
- **Initial approval:** $2.56M
- **Forgiven:** $2.59M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.56M
- **Jobs reported:** 170
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*