# PPP loan: PETORE ASSOCIATES, INC.
> **$321K** approved 04/10/2020 · Charged Off · Loan `2058237104`
## Borrower
- **Name:** PETORE ASSOCIATES, INC.
- **Address:** 2517 Highway 35, Valley Park, Manasquan, NJ, 08736-1918
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $321K
- **Initial approval:** $321K
- **Forgiven:** $238K (74%)
- **Forgiveness date:** 09/20/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $321K
- **Jobs reported:** 35
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*