# PPP loan: WILLIAMS MEMORIAL INSTITUTE
> **$806K** approved 04/05/2020 · Paid in Full · Loan `5368607009`
## Borrower
- **Name:** WILLIAMS MEMORIAL INSTITUTE
- **Address:** 182 MOHEGAN AVE, NEW LONDON, CT, 06320-4108
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $806K
- **Initial approval:** $806K
- **Forgiven:** $811K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $806K
- **Jobs reported:** 54
## 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*