# PPP loan: MONARCH SCHOOL OF NEW ENGLAND
> **$1.12M** approved 04/05/2020 · Paid in Full · Loan `5196627007`
## Borrower
- **Name:** MONARCH SCHOOL OF NEW ENGLAND
- **Address:** 105 Eastern Avenue, ROCHESTER, NH, 03867-2007
- **NAICS:** 611110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 120
## Lender
- **Originating:** Bank of New Hampshire
- **Servicing:** Bank of New Hampshire (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*