# PPP loan: UNITED PATERSON ENTERPRISES INC
> **$493K** approved 01/20/2021 · Paid in Full · Loan `2261868303`
## Borrower
- **Name:** UNITED PATERSON ENTERPRISES INC
- **Address:** 124 Wood St, Paterson, NJ, 07524-1614
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*