# PPP loan: RISE PREP MAYORAL ACADEMY
> **$356K** approved 04/07/2020 · Paid in Full · Loan `7410497006`
## Borrower
- **Name:** RISE PREP MAYORAL ACADEMY
- **Address:** 30 CUMBERLAND ST, WOONSOCKET, RI, 02895-3302
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $359K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 35
## Lender
- **Originating:** Bank Rhode Island
- **Servicing:** Bank Rhode Island (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*