# PPP loan: NJ LENDERS CORP
> **$3.01M** approved 04/11/2020 · Paid in Full · Loan `2806077100`
## Borrower
- **Name:** NJ LENDERS CORP
- **Address:** 219 Patterson Avenue, LITTLE FALLS, NJ, 07424
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.01M
- **Initial approval:** $3.01M
- **Forgiven:** $2.88M (96%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.01M
- **Jobs reported:** 201
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*