# PPP loan: NEW JERSEY SEA GRANT CONSORTIUM
> **$230K** approved 04/29/2020 · Paid in Full · Loan `3906707308`
## Borrower
- **Name:** NEW JERSEY SEA GRANT CONSORTIUM
- **Address:** 22 Magruder Road, Fort Hancock, NJ, 07732
- **NAICS:** 115210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 14
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*