# PPP loan: SOMERSET SENIOR LIVING AT MCGEHEE INC.
> **$465K** approved 02/25/2021 · Paid in Full · Loan `4126628504`
## Borrower
- **Name:** SOMERSET SENIOR LIVING AT MCGEHEE INC.
- **Address:** 700 Mark Dr, Mc Gehee, AR, 71654-1812
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $468K (100%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $465K
- **Utilities:** $1
- **Jobs reported:** 63
## Lender
- **Originating:** CFG Community Bank
- **Servicing:** CFG Community Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*