When I close the lid and open it later in the day, will command line programs resume?

I've been running a python script from the command line that's inserting data in a database for a couple of hours now. It will take at least half a day more before it's finished. However, I want to take the laptop with me to somewhere else. My sleep at closing lid settings (if they exist) are at default (I've never looked at them). If I close the lid and open it in 4 or 5 hours, will the python script resume from where it left off? If not, can this be set to work in the preferences somehow?