# PPP loan: THE JOHN CARROLL SCHOOL, INC.
> **$1.57M** approved 04/15/2020 · Paid in Full · Loan `9872287104`
## Borrower
- **Name:** THE JOHN CARROLL SCHOOL, INC.
- **Address:** 703 East Churchville Road Bel Air, MD  21014, MD, 21014
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Utilities:** $50K
- **Health care:** $203K
- **Debt interest:** $4K
- **Jobs reported:** 107
## 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*