# PPP loan: 569 FERNWOOD, INC.
> **$150K** approved 04/13/2020 · Exemption 4 · Loan `5422717107`
## Borrower
- **Name:** 569 FERNWOOD, INC.
- **Address:** 130 N BLACK HORSE PIKE, WILLIAMSTOWN, NJ, 08094-1560
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $118K (79%)
- **Forgiveness date:** 09/02/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 43
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*