# PPP loan: MOUNT PROSPECT ACADEMY
> **$3.63M** approved 04/08/2020 · Paid in Full · Loan `8165027005`
## Borrower
- **Name:** MOUNT PROSPECT ACADEMY
- **Address:** 633 NH RTE 10, ORFORD, NH, 03777-4502
- **NAICS:** 623220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.63M
- **Initial approval:** $3.63M
- **Forgiven:** $3.68M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.46M
- **Rent:** $75K
- **Mortgage interest:** $36K
- **Utilities:** $52K
- **Debt interest:** $4K
- **Jobs reported:** 326
## Lender
- **Originating:** Passumpsic Savings Bank
- **Servicing:** Passumpsic Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*