# PPP loan: RESIDENTIAL HOME FUNDING CORP.
> **$3.88M** approved 04/16/2020 · Charged Off · Loan `3006517206`
## Borrower
- **Name:** RESIDENTIAL HOME FUNDING CORP.
- **Address:** 707 Westchester Ave Suite 305, White Plains, NY, 10604-3153
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.88M
- **Initial approval:** $3.88M
- **Forgiven:** $2.84M (73%)
- **Forgiveness date:** 10/17/2022
- **Status:** Charged Off
- **Term:** 44 months
## Use of funds
- **Payroll:** $3.88M
- **Jobs reported:** 225
## Lender
- **Originating:** The Bank of Princeton
- **Servicing:** The Bank of Princeton (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*