# PPP loan: INGERSOLL ADULT HOME INC.
> **$361K** approved 01/23/2021 · Paid in Full · Loan `4242768301`
## Borrower
- **Name:** INGERSOLL ADULT HOME INC.
- **Address:** 3359 Consaul Rd, Schenectady, NY, 12304-2207
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $361K
- **Forgiven:** $365K (101%)
- **Forgiveness date:** 03/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $361K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*