# PPP loan: HOMESTEAD REST INC
> **$176K** approved 02/05/2021 · Charged Off · Loan `3452118407`
## Borrower
- **Name:** HOMESTEAD REST INC
- **Address:** 482 Houses Corner Rd, Sparta, NJ, 07871-3404
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 39
## 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*