# PPP loan: THE MCLEAN SCHOOL OF MARYLAND
> **$2.24M** approved 04/09/2020 · Paid in Full · Loan `9307007000`
## Borrower
- **Name:** THE MCLEAN SCHOOL OF MARYLAND
- **Address:** 8224 LOCHINVER LN, POTOMAC, MD, 20854-2744
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.24M
- **Initial approval:** $2.24M
- **Forgiven:** $2.27M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.09M
- **Rent:** $105K
- **Utilities:** $47K
- **Jobs reported:** 155
## 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*