# PPP loan: CARMEL TERRACE. INC
> **$408K** approved 04/15/2020 · Paid in Full · Loan `9589447109`
## Borrower
- **Name:** CARMEL TERRACE. INC
- **Address:** 933 Central Street, FRAMINGHAM, MA, 01701
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 28
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*