# PPP loan: GRACE VILLAGE HEALTH CARE FACILITIES INC
> **$1.06M** approved 04/05/2020 · Paid in Full · Loan `5091297008`
## Borrower
- **Name:** GRACE VILLAGE HEALTH CARE FACILITIES INC
- **Address:** 337 GRACE VILLAGE DR, WINONA LAKE, IN, 46590-5774
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $895K
- **Rent:** $50K
- **Utilities:** $85K
- **Debt interest:** $33K
- **Jobs reported:** 163
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*