# PPP loan: NEW DREAMS CHILD DAYCARE CENTER INC
> **$634K** approved 03/12/2021 · Charged Off · Loan `9275268510`
## Borrower
- **Name:** NEW DREAMS CHILD DAYCARE CENTER INC
- **Address:** 534 W Side Ave, Jersey City, NJ, 07304-1518
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $634K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*