# PPP loan: THE BONACORDA GROUP, INC.
> **$448K** approved 04/10/2020 · Paid in Full · Loan `2551117107`
## Borrower
- **Name:** THE BONACORDA GROUP, INC.
- **Address:** 324 Meadowbrook Rd, Robbinsville, NJ, 08691-2503
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Rent:** $112K
- **Jobs reported:** 30
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*