# PPP loan: NAVAL CONTINUING CARE RETIREMENT FOUNDATION, INC
> **$3.02M** approved 04/08/2020 · Paid in Full · Loan `8295887003`
## Borrower
- **Name:** NAVAL CONTINUING CARE RETIREMENT FOUNDATION, INC
- **Address:** 1 Fleet Landing Blvd, ATLANTIC BEACH, FL, 32233-4599
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.02M
- **Initial approval:** $3.02M
- **Forgiven:** $3.05M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.26M
- **Mortgage interest:** $377K
- **Utilities:** $377K
- **Jobs reported:** 333
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*