# PPP loan: EMANUEL DEVELOPMENT CORPORATION
> **$1.28M** approved 03/20/2021 · Paid in Full · Loan `4909028606`
## Borrower
- **Name:** EMANUEL DEVELOPMENT CORPORATION
- **Address:** 14 E Worcester St, Worcester, MA, 01604-3678
- **NAICS:** 623110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.28M
- **Utilities:** $1
- **Jobs reported:** 128
## 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*