# PPP loan: THE BANCROFT SCHOOL
> **$1.43M** approved 05/01/2020 · Paid in Full · Loan `8239217301`
## 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:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.43M
- **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*