# PPP loan: DELLON SALES & MARKETING LTD
> **$961K** approved 04/29/2020 · Paid in Full · Loan `3604267301`
## Borrower
- **Name:** DELLON SALES & MARKETING LTD
- **Address:** 5 ALBERTSON AVE, ALBERTSON, NY, 11507-1427
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $961K
- **Initial approval:** $961K
- **Forgiven:** $971K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $789K
- **Rent:** $90K
- **Utilities:** $15K
- **Health care:** $67K
- **Jobs reported:** 53
## 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*