# PPP loan: NEWTON MONTESSORI SCHOOL INC.
> **$877K** approved 04/09/2020 · Paid in Full · Loan `9520847004`
## Borrower
- **Name:** NEWTON MONTESSORI SCHOOL INC.
- **Address:** 80 CRESCENT AVE, NEWTON CENTER, MA, 02459-2102
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $877K
- **Jobs reported:** 98
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*