# PPP loan: SERVICE INSURANCE COMPANY INC
> **$170K** approved 04/27/2020 · Paid in Full · Loan `4980007204`
## Borrower
- **Name:** SERVICE INSURANCE COMPANY INC
- **Address:** 80 MAIN ST STE 330, WEST ORANGE, NJ, 07052
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $17K
- **Jobs reported:** 6
## Lender
- **Originating:** Kearny Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*