# PPP loan: QUARRYVILLE PRESBYTERIAN RETIREMENT COMMUNITY
> **$2.37M** approved 04/15/2020 · Paid in Full · Loan `8502737106`
## Borrower
- **Name:** QUARRYVILLE PRESBYTERIAN RETIREMENT COMMUNITY
- **Address:** 625 Robert Fulton Highway, Quarryville, PA, 17566
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.37M
- **Initial approval:** $2.37M
- **Forgiven:** $2.40M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.77M
- **Mortgage interest:** $100K
- **Utilities:** $125K
- **Health care:** $375K
- **Debt interest:** $8K
- **Jobs reported:** 358
## 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) · MORVS · CC0 1.0*