# PPP loan: MAHOGANY COMPANY OF MAYS LANDING
> **$1.24M** approved 04/11/2020 · Paid in Full · Loan `3362707102`
## Borrower
- **Name:** MAHOGANY COMPANY OF MAYS LANDING
- **Address:** 5274 CEDARWOOD BLVD PO BOX 99, Mays Landing, NJ, 08330
- **NAICS:** 321918
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $930K
- **Mortgage interest:** $155K
- **Utilities:** $155K
- **Jobs reported:** 83
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*