# PPP loan: ADMIRALS HILL ASSISTED LIVING CORP. II
> **$381K** approved 04/30/2021 · Paid in Full · Loan `5484988904`
## Borrower
- **Name:** ADMIRALS HILL ASSISTED LIVING CORP. II
- **Address:** 50 Captains Row, Chelsea, MA, 02150
- **NAICS:** 623311
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $381K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*