# PPP loan: FAMILY RESOURCE ASSOCIATES INC.
> **$329K** approved 03/12/2021 · Paid in Full · Loan `9520818503`
## Borrower
- **Name:** FAMILY RESOURCE ASSOCIATES INC.
- **Address:** 210 Newman Springs Rd E, Red Bank, NJ, 07701-1439
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $329K
- **Initial approval:** $329K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $329K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*