# PPP loan: NEWTOWN FRIENDS SCHOOL
> **$537K** approved 04/13/2020 · Paid in Full · Loan `5044367100`
## Borrower
- **Name:** NEWTOWN FRIENDS SCHOOL
- **Address:** 1450 Newtown Langhorne Road, NEWTOWN, PA, 18940-2442
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $537K
- **Jobs reported:** 41
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*