# PPP loan: FRIENDS HOUSE RETIREMENT COMMUNITY INC
> **$1.12M** approved 04/10/2020 · Paid in Full · Loan `2471807102`
## Borrower
- **Name:** FRIENDS HOUSE RETIREMENT COMMUNITY INC
- **Address:** 17340 Quaker Ln, SANDY SPRING, MD, 20860-1247
- **NAICS:** 621112
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.14M (102%)
- **Forgiveness date:** 12/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 159
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*