# PPP loan: THE ESALEN INSTITUTE
> **$1.62M** approved 04/13/2020 · Paid in Full · Loan `4928687103`
## Borrower
- **Name:** THE ESALEN INSTITUTE
- **Address:** 3771 RIO RD Ste 101, CARMEL, CA, 93923-8603
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.65M (102%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $202K
- **Utilities:** $202K
- **Jobs reported:** 147
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*