# PPP loan: SARATOGA INDEPENDENT SCHOOL
> **$262K** approved 01/26/2021 · Paid in Full · Loan `6251428305`
## Borrower
- **Name:** SARATOGA INDEPENDENT SCHOOL
- **Address:** 459 Lake Ave, Saratoga Springs, NY, 12866-5303
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $262K
- **Utilities:** $1
- **Jobs reported:** 38
## 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*