# PPP loan: LAYLA TRANSPORTATION & TRADING INC.-SBA SMALL 7A TERM
> **$368K** approved 05/01/2020 · Charged Off · Loan `4325517709`
## Borrower
- **Name:** LAYLA TRANSPORTATION & TRADING INC.-SBA SMALL 7A TERM
- **Address:** 33 clawson st, Piscataway, NJ, 08854
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $330K (90%)
- **Forgiveness date:** 09/01/2021
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 98
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*