# PPP loan: HOMESTEAD SENIOR LIVING LLC
> **$622K** approved 04/28/2020 · Paid in Full · Loan `8687947203`
## Borrower
- **Name:** HOMESTEAD SENIOR LIVING LLC
- **Address:** 171 5th ave, Paterson, NJ, 07524
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $627K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 91
## 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*