# PPP loan: SALERNO DUANE INC
> **$991K** approved 04/10/2020 · Paid in Full · Loan `2202377106`
## Borrower
- **Name:** SALERNO DUANE INC
- **Address:** 267 BROAD ST, SUMMIT, NJ, 07901-3500
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $991K
- **Initial approval:** $991K
- **Forgiven:** $999K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $991K
- **Jobs reported:** 74
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*