# PPP loan: CLAPP'S NURSING CENTER
> **$1.02M** approved 04/27/2020 · Paid in Full · Loan `5380137209`
## Borrower
- **Name:** CLAPP'S NURSING CENTER
- **Address:** 5229 Appomattox Rd., PLEASANT GARDEN, NC, 27313-8202
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 155
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*