# PPP loan: THE PRESBYTERIAN HOME AT CHARLOTTE INC
> **$1.65M** approved 04/09/2020 · Paid in Full · Loan `8864147005`
## Borrower
- **Name:** THE PRESBYTERIAN HOME AT CHARLOTTE INC
- **Address:** 5100 SHARON RD, CHARLOTTE, NC, 28210-0076
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.39M (85%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 324
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*