# PPP loan: BAPTIST CONVALESCENT CENTER, INC.
> **$3.05M** approved 04/27/2020 · Paid in Full · Loan `4458547210`
## Borrower
- **Name:** BAPTIST CONVALESCENT CENTER, INC.
- **Address:** 1452 DONALDSON HWY, ERLANGER, KY, 41018-3305
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.09M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.44M
- **Rent:** $305K
- **Utilities:** $305K
- **Jobs reported:** 289
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*