# PPP loan: ISLAMIC EDUCATIONAL FOUNDATION OF NEW JERSEY INC
> **$684K** approved 05/01/2020 · Exemption 4 · Loan `6738027701`
## Borrower
- **Name:** ISLAMIC EDUCATIONAL FOUNDATION OF NEW JERSEY INC
- **Address:** 970 BLACK OAK RIDGE RD, WAYNE, NJ, 07470-6306
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $684K
- **Initial approval:** $684K
- **Forgiven:** $642K (94%)
- **Forgiveness date:** 09/20/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $684K
- **Jobs reported:** 82
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*