# PPP loan: MILTON RESIDENCES FOR THE ELDERLY, INC.
> **$237K** approved 04/06/2020 · Paid in Full · Loan `5656747010`
## Borrower
- **Name:** MILTON RESIDENCES FOR THE ELDERLY, INC.
- **Address:** 600 CANTON AVE, MILTON, MA, 02186-3131
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 30
## Lender
- **Originating:** The Bank of Canton
- **Servicing:** The Bank of Canton (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*