# PPP loan: SUNNY ACRES NURSING HOME
> **$1.25M** approved 04/28/2020 · Paid in Full · Loan `9200967202`
## Borrower
- **Name:** SUNNY ACRES NURSING HOME
- **Address:** 254 Billerica Road, CHELMSFORD, MA, 01824
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Mortgage interest:** $39K
- **Utilities:** $57K
- **Health care:** $35K
- **Jobs reported:** 168
## Lender
- **Originating:** The Lowell Five Cent Savings Bank
- **Servicing:** The Lowell Five Cent Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*