# PPP loan: GROUP USA INC-SBA SMALL 7A TERM
> **$1.95M** approved 05/01/2020 · Exemption 4 · Loan `4374697702`
## Borrower
- **Name:** GROUP USA INC-SBA SMALL 7A TERM
- **Address:** 25 Enterprise Ave N, Secaucus, NJ, 07094
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.95M
- **Initial approval:** $1.95M
- **Forgiven:** $673K (35%)
- **Forgiveness date:** 09/07/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.95M
- **Jobs reported:** 355
## 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*