# PPP loan: 50 STATES ENGINEERING, CORP.
> **$687K** approved 05/27/2020 · Paid in Full · Loan `3732657806`
## Borrower
- **Name:** 50 STATES ENGINEERING, CORP.
- **Address:** 43 MOONACHIE RD, HACKENSACK, NJ, 07601-6507
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $687K
- **Initial approval:** $683K
- **Forgiven:** $690K (100%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $69K
- **Utilities:** $69K
- **Jobs reported:** 30
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*