# PPP loan: ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY, INC
> **$3.64M** approved 04/30/2020 · Paid in Full · Loan `5639427300`
## Borrower
- **Name:** ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY, INC
- **Address:** 3800 SHAMROCK DRIVE, CHARLOTTE, NC, 28215-3220
- **NAICS:** 561499
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.64M
- **Initial approval:** $3.64M
- **Forgiven:** $3.50M (96%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.64M
- **Jobs reported:** 434
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*