# PPP loan: PAVE-RITE INC
> **$250K** approved 04/12/2020 · Paid in Full · Loan `3757017101`
## Borrower
- **Name:** PAVE-RITE INC
- **Address:** 40 Radel Avenue, Bridgewater, NJ, 08807-3377
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 17
## 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*