# PPP loan: MISERICORDIA CONVALESCENT HOME
> **$501K** approved 04/28/2020 · Paid in Full · Loan `1193717300`
## Borrower
- **Name:** MISERICORDIA CONVALESCENT HOME
- **Address:** 998 S Russell St, YORK, PA, 17402
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $466K
- **Mortgage interest:** $14K
- **Utilities:** $21K
- **Jobs reported:** 83
## Lender
- **Originating:** Orrstown Bank
- **Servicing:** Orrstown Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*