# PPP loan: THE SACRED HEART CHURCH CORPORATION
> **$200K** approved 04/28/2020 · Paid in Full · Loan `8721617203`
## Borrower
- **Name:** THE SACRED HEART CHURCH CORPORATION
- **Address:** 56 SACRED HEART DR, GROTON, CT, 06340-4431
- **NAICS:** 813110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $40K
- **Jobs reported:** 25
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*