# PPP loan: JOSEPH BABINEC SHEET METAL WORKS INC
> **$230K** approved 01/21/2021 · Paid in Full · Loan `3137258305`
## Borrower
- **Name:** JOSEPH BABINEC SHEET METAL WORKS INC
- **Address:** 774 Martin St, Rahway, NJ, 07065-5410
- **NAICS:** 332322
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 29
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*