# PPP loan: LORETTO ADULT COMMUNITY INC.
> **$1.38M** approved 05/27/2021 · Exemption 4 · Loan `8083789009`
## Borrower
- **Name:** LORETTO ADULT COMMUNITY INC.
- **Address:** 700 E Brighton Ave, Syracuse, NY, 13205-2201
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 190
## 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*