# PPP loan: RAMSEY NISSAN, INC
> **$897K** approved 04/09/2020 · Paid in Full · Loan `1040877105`
## Borrower
- **Name:** RAMSEY NISSAN, INC
- **Address:** 401 STATE RT 17, UPPER SADDLE RIVER, NJ, 07458-2307
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $897K
- **Initial approval:** $897K
- **Forgiven:** $907K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $897K
- **Jobs reported:** 75
## 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*