# PPP loan: MOUNT CARMEL GUILD SCHOOLS CORP
> **$558K** approved 04/28/2020 · Paid in Full · Loan `6825827202`
## Borrower
- **Name:** MOUNT CARMEL GUILD SCHOOLS CORP
- **Address:** 590 N 7TH ST, NEWARK, NJ, 07107
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $564K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 400
## Lender
- **Originating:** Investors Bank, A Division of Citizens Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*