# PPP loan: ORCHARD COVE INC.
> **$2.21M** approved 04/13/2021 · Paid in Full · Loan `2884478801`
## Borrower
- **Name:** ORCHARD COVE INC.
- **Address:** 1 Del Pond Dr, Canton, MA, 02021-2759
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.21M
- **Initial approval:** $2.21M
- **Forgiven:** $2.24M (101%)
- **Forgiveness date:** 06/08/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.21M
- **Jobs reported:** 238
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*