Thornton Academy

$3,581,700 PPP Loan in Saco, Maine

Loan Details

Loan Number
4470177002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$3,581,700
Current Approval
$3,581,700
Forgiveness Amount
$3,607,999
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thornton Academy
Address
438 Main Street
City
Saco
State
Maine
ZIP Code
04072-1565
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
212
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$3,581,700

Lender Information

Servicing Lender
Saco & Biddeford Savings Institution
Originating Lender
Saco & Biddeford Savings Institution

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