# PPP loan: LORETTO INDEPENDENT LIVING SERVICES INC.
> **$4.48M** approved 01/26/2021 · Exemption 4 · Loan `5871408306`
## Borrower
- **Name:** LORETTO INDEPENDENT LIVING SERVICES INC.
- **Address:** 100 Malta Ln, North Syracuse, NY, 13212-2375
- **NAICS:** 623312
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.48M
- **Initial approval:** $4.48M
- **Forgiven:** $4.32M (97%)
- **Forgiveness date:** 07/14/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.48M
- **Jobs reported:** 491
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*