# PPP loan: COVENANT LIFE SCHOOL, INC.
> **$414K** approved 04/15/2020 · Paid in Full · Loan `9202237101`
## Borrower
- **Name:** COVENANT LIFE SCHOOL, INC.
- **Address:** MUNCASTER MILL RD, GAITHERSBURG, MD, 20877-3814
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 64
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*