# PPP loan: CONSOLATA NURSING HOME INC
> **$585K** approved 04/27/2020 · Paid in Full · Loan `5675017205`
## Borrower
- **Name:** CONSOLATA NURSING HOME INC
- **Address:** 2319 E MAIN ST, NEW IBERIA, LA, 70560-4031
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Health care:** $96K
- **Jobs reported:** 85
## Lender
- **Originating:** Community First Bank
- **Servicing:** Community First Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*