# PPP loan: TENBARCO, INC.
> **$157K** approved 04/27/2020 · Paid in Full · Loan `4463367209`
## Borrower
- **Name:** TENBARCO, INC.
- **Address:** 11 BRIDGE AVE, RED BANK, NJ, 07701-1105
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $27K
- **Utilities:** $10K
- **Jobs reported:** 32
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*