# PPP loan: THE PALACE AT SOMERSET PARK HOLDING COMPANY LLC
> **$763K** approved 04/11/2020 · Paid in Full · Loan `3607697100`
## Borrower
- **Name:** THE PALACE AT SOMERSET PARK HOLDING COMPANY LLC
- **Address:** 333 DAVIDSON AVE, SOMERSET, NJ, 08873-4119
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $763K
- **Initial approval:** $763K
- **Forgiven:** $770K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $763K
- **Jobs reported:** 44
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*