# PPP loan: BUDD VAN LINES INC
> **$2.90M** approved 04/12/2020 · Paid in Full · Loan `4004237108`
## Borrower
- **Name:** BUDD VAN LINES INC
- **Address:** 24 School House Rd, SOMERSET, NJ, 08873
- **NAICS:** 484210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.90M
- **Initial approval:** $4.56M
- **Forgiven:** $2.94M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.90M
- **Jobs reported:** 320
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*