# PPP loan: SENIOR HOUSING ALTERNATIVES INC
> **$277K** approved 04/28/2020 · Paid in Full · Loan `1281647303`
## Borrower
- **Name:** SENIOR HOUSING ALTERNATIVES INC
- **Address:** 825 RUNYAN DR, CHATTANOOGA, TN, 37405-1225
- **NAICS:** 531110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Mortgage interest:** $28K
- **Utilities:** $28K
- **Jobs reported:** 48
## Lender
- **Originating:** Tennessee State Bank
- **Servicing:** Tennessee State Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*