# PPP loan: INDEPENDENT LIVING ASSOCIATION, INC.
> **$7.60M** approved 04/11/2020 · Paid in Full · Loan `2631207110`
## Borrower
- **Name:** INDEPENDENT LIVING ASSOCIATION, INC.
- **Address:** 110 York Street 4th Floor, BROOKLYN, NY, 11201-1412
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.60M
- **Initial approval:** $7.60M
- **Forgiven:** $7.69M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.60M
- **Jobs reported:** 500
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*