# PPP loan: THE CARROLL SCHOOL
> **$3.30M** approved 04/07/2020 · Paid in Full · Loan `6521667007`
## Borrower
- **Name:** THE CARROLL SCHOOL
- **Address:** 25 BAKER BRIDGE RD, LINCOLN, MA, 01773-3104
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.30M
- **Initial approval:** $3.30M
- **Forgiven:** $2.45M (74%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.30M
- **Jobs reported:** 347
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*