# PPP loan: THE HOMESTEAD ASSISTED LIVING
> **$519K** approved 04/05/2020 · Paid in Full · Loan `5576087002`
## Borrower
- **Name:** THE HOMESTEAD ASSISTED LIVING
- **Address:** 408 W MAIN ST, REXBURG, ID, 83440-1846
- **NAICS:** 623311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $524K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $389K
- **Rent:** $65K
- **Utilities:** $65K
- **Jobs reported:** 200
## Lender
- **Originating:** Idaho Central CU
- **Servicing:** Idaho Central CU (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*