# PPP loan: THE STONE INSTITUTE AND NEWTON HOME FOR AGED PEOPLE, INC.
> **$1.31M** approved 04/28/2020 · Paid in Full · Loan `8255727203`
## Borrower
- **Name:** THE STONE INSTITUTE AND NEWTON HOME FOR AGED PEOPLE, INC.
- **Address:** 277 Elliot Street, NEWTON UPPER FALLS, MA, 02464-1201
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 119
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*