# PPP loan: TOWNE CENTRE ASSISTED LIVING, LLC
> **$625K** approved 05/01/2020 · Paid in Full · Loan `8707797302`
## Borrower
- **Name:** TOWNE CENTRE ASSISTED LIVING, LLC
- **Address:** 7250 Arthur Boulevard, Merrillville, IN, 46410
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $625K
- **Jobs reported:** 135
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*