# PPP loan: NORTH ATLANTIC EQUINE ASSOCIATES PA
> **$157K** approved 05/01/2020 · Charged Off · Loan `8562407310`
## Borrower
- **Name:** NORTH ATLANTIC EQUINE ASSOCIATES PA
- **Address:** 25LINDEN DRIVE, FAIR HAVEN, NJ, 07704
- **NAICS:** 541940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $91K (58%)
- **Forgiveness date:** 08/29/2022
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 5
## 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*