# PPP loan: OLD COLONY ELDER SERVICES, INC.
> **$720K** approved 05/03/2020 · Paid in Full · Loan `1073277403`
## Borrower
- **Name:** OLD COLONY ELDER SERVICES, INC.
- **Address:** 144 Main St, Brockton, MA, 02301-4046
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 247
## Lender
- **Originating:** MountainOne Bank
- **Servicing:** MountainOne Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*