# PPP loan: SPAULDING YOUTH CENTER
> **$2.53M** approved 04/13/2020 · Paid in Full · Loan `5282057107`
## Borrower
- **Name:** SPAULDING YOUTH CENTER
- **Address:** 72 Spaulding Road, TILTON, NH, 03276-4608
- **NAICS:** 624110
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.53M
- **Initial approval:** $2.53M
- **Forgiven:** $2.56M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Jobs reported:** 245
## Lender
- **Originating:** Franklin Savings Bank
- **Servicing:** Franklin Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*