# PPP loan: FOUNDATION FOR THE ELDERLY
> **$5.38M** approved 04/27/2020 · Paid in Full · Loan `3634567200`
## Borrower
- **Name:** FOUNDATION FOR THE ELDERLY
- **Address:** 260 Doughty Blvd, Inwood, NY, 11096
- **NAICS:** 621610
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.38M
- **Initial approval:** $5.38M
- **Forgiven:** $5.44M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.38M
- **Jobs reported:** 500
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*