# PPP loan: SECOND FAMILY ADULT HOMES INC
> **$542K** approved 04/15/2020 · Paid in Full · Loan `2075657201`
## Borrower
- **Name:** SECOND FAMILY ADULT HOMES INC
- **Address:** 6911 LAUREL BOWIE ROAD, BOWIE, MD, 20715
- **NAICS:** 623210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Rent:** $50K
- **Mortgage interest:** $1K
- **Utilities:** $6K
- **Health care:** $30K
- **Jobs reported:** 95
## 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) · AI Analytics · CC0 1.0*