# PPP loan: SALEMHAVEN, INC.
> **$1.59M** approved 04/11/2020 · Paid in Full · Loan `2947807109`
## Borrower
- **Name:** SALEMHAVEN, INC.
- **Address:** 23 GEREMONTY DR, SALEM, NH, 03079-3314
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Mortgage interest:** $199K
- **Utilities:** $199K
- **Jobs reported:** 144
## Lender
- **Originating:** Pentucket Bank
- **Servicing:** Pentucket Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*