# PPP loan: THE INDEPENDENCE SCHOOL, INC.
> **$1.00M** approved 04/08/2020 · Paid in Full · Loan `8314347001`
## Borrower
- **Name:** THE INDEPENDENCE SCHOOL, INC.
- **Address:** 1300 PAPER MILL RD, NEWARK, DE, 19711-3408
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 72
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*