# PPP loan: MARYVALE PREPARATORY SCHOOL, INCORPORATED
> **$1.21M** approved 04/15/2020 · Paid in Full · Loan `9654147110`
## Borrower
- **Name:** MARYVALE PREPARATORY SCHOOL, INCORPORATED
- **Address:** 11300 Falls Road, Lutherville-Timonium, MD, 21093
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $878K
- **Utilities:** $200K
- **Health care:** $87K
- **Debt interest:** $41K
- **Jobs reported:** 92
## 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*