# PPP loan: PROCTOR ACADEMY
> **$2.48M** approved 04/05/2020 · Paid in Full · Loan `5571267009`
## Borrower
- **Name:** PROCTOR ACADEMY
- **Address:** 204 MAIN ST, ANDOVER, NH, 03216-3522
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.48M
- **Initial approval:** $2.48M
- **Forgiven:** $1.97M (80%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.48M
- **Jobs reported:** 188
## Lender
- **Originating:** Bar Harbor Bank & Trust
- **Servicing:** Bar Harbor Bank & Trust (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*