# PPP loan: MOUNT CARMEL SCHOOL INC.
> **$310K** approved 03/20/2021 · Paid in Full · Loan `6140538605`
## Borrower
- **Name:** MOUNT CARMEL SCHOOL INC.
- **Address:** Knight Street Chalan Kanoa, Saipan, MP, 96950
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $311K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Bank of Guam
- **Servicing:** Bank of Guam (GU)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*