# PPP loan: NEW JERSEY SEA GRANT CONSORTIUM
> **$198K** approved 04/16/2021 · Paid in Full · Loan `4482938804`
## Borrower
- **Name:** NEW JERSEY SEA GRANT CONSORTIUM
- **Address:** 22 Magruder Rd, Highlands, NJ, 07732-4054
- **NAICS:** 611699
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*