# PPP loan: NEWARK DAY CENTER
> **$552K** approved 05/01/2020 · Paid in Full · Loan `3834067709`
## Borrower
- **Name:** NEWARK DAY CENTER
- **Address:** 43 HILL STREET, NEWARK, NJ, 07102
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $552K
- **Initial approval:** $552K
- **Forgiven:** $558K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $552K
- **Jobs reported:** 84
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*