# PPP loan: ST CLARE HOME
> **$1.02M** approved 03/12/2021 · Exemption 4 · Loan `9509468504`
## Borrower
- **Name:** ST CLARE HOME
- **Address:** 309 Spring St, Newport, RI, 02840-6858
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 86
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*