# PPP loan: UNIVERSITY PLACE REHABILITATION CENTER LLC
> **$1.46M** approved 04/13/2020 · Charged Off · Loan `5704817100`
## Borrower
- **Name:** UNIVERSITY PLACE REHABILITATION CENTER LLC
- **Address:** 5520 Bridgeport Way, UNIVERSITY PLACE, WA, 98467-2041
- **NAICS:** 624310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.24M (85%)
- **Forgiveness date:** 01/08/2024
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 126
## 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*