# PPP loan: COGNITIVE ARTIFICIAL INTELLIGENCE INC
> **$472K** approved 04/28/2020 · Paid in Full · Loan `6738407207`
## Borrower
- **Name:** COGNITIVE ARTIFICIAL INTELLIGENCE INC
- **Address:** 50 Cragwood Road Suite 248, South Plainfield, NJ, 07080
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Jobs reported:** 30
## 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*