# PPP loan: SOMERSET GARDENS SENIOR CARE, LLC
> **$725K** approved 04/28/2020 · Paid in Full · Loan `8738257209`
## Borrower
- **Name:** SOMERSET GARDENS SENIOR CARE, LLC
- **Address:** 316 South Avenue, Fanwood, NJ, 07023
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $741K (102%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 35 months
## Use of funds
- **Payroll:** $725K
- **Jobs reported:** 83
## 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*