# PPP loan: COVENANT LIVING AT THE HOLMSTAD
> **$1.84M** approved 05/01/2020 · Paid in Full · Loan `8040177305`
## Borrower
- **Name:** COVENANT LIVING AT THE HOLMSTAD
- **Address:** 700 W Fabyan Pkwy, BATAVIA, IL, 60510-1200
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.84M
- **Jobs reported:** 373
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*