# PPP loan: FASTENATION INC.
> **$344K** approved 02/05/2021 · Paid in Full · Loan `3640668405`
## Borrower
- **Name:** FASTENATION INC.
- **Address:** 120 Brighton Rd Ste 2, Clifton, NJ, 07012-1666
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*