# PPP loan: BAKER & RANNELLS PA
> **$160K** approved 01/21/2021 · Paid in Full · Loan `3290738303`
## Borrower
- **Name:** BAKER & RANNELLS PA
- **Address:** 92 E Main St Ste 302, Somerville, NJ, 08876-2319
- **NAICS:** 541110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Somerset Regal Bank
- **Servicing:** Somerset Regal Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*