# PPP loan: SELDAT DISTRIBUTION INC
> **$2.13M** approved 04/15/2020 · Charged Off · Loan `1612237206`
## Borrower
- **Name:** SELDAT DISTRIBUTION INC
- **Address:** one cragewood suite 103A, SOUTH PLAINFIELD, NJ, 07080
- **NAICS:** 493190
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $1.86M (88%)
- **Forgiveness date:** 10/07/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $2.13M
- **Jobs reported:** 400
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*