# PPP loan: THE SHELTERING ARMS HOSPITAL
> **$3.44M** approved 04/18/2021 · Paid in Full · Loan `5606608807`
## Borrower
- **Name:** THE SHELTERING ARMS HOSPITAL
- **Address:** 8226 Meadowbridge Road, Mechanicsville, VA, 23116
- **NAICS:** 621340
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.44M
- **Initial approval:** $3.44M
- **Forgiven:** $3.46M (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.44M
- **Utilities:** $1
- **Jobs reported:** 287
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*