# PPP loan: MONTICELLO-PROGRESSIVE ELDERCARE SERVICES, INC
> **$558K** approved 04/12/2020 · Paid in Full · Loan `3856047105`
## Borrower
- **Name:** MONTICELLO-PROGRESSIVE ELDERCARE SERVICES, INC
- **Address:** 1194 North Chester Street, MONTICELLO, AR, 71655-4133
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $564K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Jobs reported:** 117
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*