# PPP loan: NEW JERSEY HOME RENTALS INC
> **$504K** approved 04/27/2020 · Paid in Full · Loan `5500307207`
## Borrower
- **Name:** NEW JERSEY HOME RENTALS INC
- **Address:** 740 Marne Hwy, Suite 104, Moorestown, NJ, 08057
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 42
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*