# PPP loan: THE BANCROFT SCHOOL
> **$1.32M** approved 03/24/2021 · Paid in Full · Loan `7894608603`
## Borrower
- **Name:** THE BANCROFT SCHOOL
- **Address:** 110 Shore Dr, Worcester, MA, 01605-3117
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.32M (100%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.32M
- **Utilities:** $1
- **Jobs reported:** 135
## Lender
- **Originating:** UniBank for Savings
- **Servicing:** UniBank for Savings (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*