# PPP loan: GRACE EPISCOPAL DAY SCHOOL
> **$387K** approved 04/28/2020 · Paid in Full · Loan `7607007210`
## Borrower
- **Name:** GRACE EPISCOPAL DAY SCHOOL
- **Address:** 9411 Connecticut Ave, Kensington, MD, 20895
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 12/11/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Mortgage interest:** $27K
- **Utilities:** $15K
- **Health care:** $25K
- **Jobs reported:** 34
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*