# PPP loan: MERCY HOUSING AND SHELTER CORPORATION
> **$623K** approved 04/28/2020 · Exemption 4 · Loan `7801997207`
## Borrower
- **Name:** MERCY HOUSING AND SHELTER CORPORATION
- **Address:** 221 Main St Floor 4, Hartford, CT, 06106
- **NAICS:** 624221
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $623K
- **Initial approval:** $623K
- **Forgiven:** $329K (53%)
- **Forgiveness date:** 08/12/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $623K
- **Jobs reported:** 55
## Lender
- **Originating:** Nutmeg State Financial Credit Union
- **Servicing:** Nutmeg State Financial Credit Union (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*