# PPP loan: HOME FOR AGED WOMEN IN SALEM
> **$157K** approved 05/01/2020 · Paid in Full · Loan `8378457303`
## Borrower
- **Name:** HOME FOR AGED WOMEN IN SALEM
- **Address:** 180 DERBY ST, SALEM, MA, 01970
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 20
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*