# PPP loan: CHILDREN'S HEALTH CARE, INC.
> **$1.07M** approved 04/07/2020 · Paid in Full · Loan `7332717004`
## Borrower
- **Name:** CHILDREN'S HEALTH CARE, INC.
- **Address:** 257 Low Street, NEWBURYPORT, MA, 01950-3501
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $133K
- **Utilities:** $133K
- **Jobs reported:** 66
## Lender
- **Originating:** Institution for Savings In Newburyport and its Vicinity
- **Servicing:** Institution for Savings In Newburyport and its Vicinity (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*