# PPP loan: NJ RESTAURANT EQUIPMENT, CORP
> **$200K** approved 04/29/2020 · Paid in Full · Loan `4597427307`
## Borrower
- **Name:** NJ RESTAURANT EQUIPMENT, CORP
- **Address:** 4200 W SIDE AVE, NORTH BERGEN, NJ, 07047-6417
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 12
## Lender
- **Originating:** Continental Bank
- **Servicing:** Continental Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*