# PPP loan: STOREMAXX INC
> **$256K** approved 03/18/2021 · Charged Off · Loan `4154548610`
## Borrower
- **Name:** STOREMAXX INC
- **Address:** 316 Prospect Ave, Hackensack, NJ, 07601-2625
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $164K (64%)
- **Forgiveness date:** 07/24/2023
- **Status:** Charged Off
- **Term:** 28 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*