# PPP loan: STAFFORD REC PARTNERS LP
> **$650K** approved 04/13/2020 · Paid in Full · Loan `5274037101`
## Borrower
- **Name:** STAFFORD REC PARTNERS LP
- **Address:** 30 Rockhill Road, Cherry Hill, NJ, 08003-2308
- **NAICS:** 713990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Rent:** $81K
- **Utilities:** $81K
- **Jobs reported:** 44
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*