# PPP loan: THE FOUNDATION FOR EMBRYONIC COMPETENCE
> **$382K** approved 04/27/2020 · Paid in Full · Loan `4921087206`
## Borrower
- **Name:** THE FOUNDATION FOR EMBRYONIC COMPETENCE
- **Address:** 140 Allen Road, Basking Ridge, NJ, 07920
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 26
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*