# PPP loan: THE MARTIN AND EDITH STEIN ASSITED LIVING RESIDENCE
> **$660K** approved 04/28/2020 · Paid in Full · Loan `8662847201`
## Borrower
- **Name:** THE MARTIN AND EDITH STEIN ASSITED LIVING RESIDENCE
- **Address:** 350 DeMott Lane, Somerset, NJ, 08873
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $660K
- **Initial approval:** $660K
- **Forgiven:** $665K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $660K
- **Jobs reported:** 95
## 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*