# PPP loan: GRAPHIC EQUIPMENT CORP
> **$847K** approved 03/13/2021 · Paid in Full · Loan `2281978603`
## Borrower
- **Name:** GRAPHIC EQUIPMENT CORP
- **Address:** 55 Wester Ave, Metuchen, NJ, 08840-2537
- **NAICS:** 333999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $847K
- **Initial approval:** $847K
- **Forgiven:** $852K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $847K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*