# PPP loan: TRUSTEES OF BERWICK ACADEMY
> **$2.18M** approved 04/14/2020 · Paid in Full · Loan `6542847110`
## Borrower
- **Name:** TRUSTEES OF BERWICK ACADEMY
- **Address:** 31 ACADEMY ST, SOUTH BERWICK, ME, 03908-1501
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.20M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.06M
- **Mortgage interest:** $53K
- **Utilities:** $65K
- **Jobs reported:** 146
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*