# PPP loan: DUREX INC
> **$1.40M** approved 02/07/2021 · Paid in Full · Loan `4874358403`
## Borrower
- **Name:** DUREX INC
- **Address:** 5 Stahuber Ave, Union, NJ, 07083-5037
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.40M
- **Utilities:** $1
- **Jobs reported:** 143
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*