# PPP loan: THE CARMEL FOUNDATION
> **$273K** approved 05/01/2020 · Paid in Full · Loan `4482757704`
## Borrower
- **Name:** THE CARMEL FOUNDATION
- **Address:** LINCOLN AND 8TH S.E. CORNER THE CARMEL FOUNDATION, CARMEL BY THE SEA, CA, 93921
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $273K
- **Initial approval:** $273K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Jobs reported:** 19
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*