# PPP loan: 85-87 WILSON AVE INC
> **$179K** approved 02/08/2021 · Paid in Full · Loan `5301428408`
## Borrower
- **Name:** 85-87 WILSON AVE INC
- **Address:** 52 JABEZ ST, NEWARK, NJ, 07105
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $179K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*