# PPP loan: FRENCH RIVER EDUCATION CENTER, INC.
> **$578K** approved 04/08/2020 · Paid in Full · Loan `8421077009`
## Borrower
- **Name:** FRENCH RIVER EDUCATION CENTER, INC.
- **Address:** 672 MAIN ST, NORTH OXFORD, MA, 01537-1304
- **NAICS:** 923110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $578K
- **Initial approval:** $578K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $574K
- **Health care:** $4K
- **Jobs reported:** 89
## Lender
- **Originating:** Webster Five Cents Savings Bank
- **Servicing:** Webster Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*