# PPP loan: TRI-STATE CRATING AND PALLET CO., INC.
> **$220K** approved 04/14/2020 · Paid in Full · Loan `5731257104`
## Borrower
- **Name:** TRI-STATE CRATING AND PALLET CO., INC.
- **Address:** 85 Fulton Street, PATERSON, NJ, 07501-1208
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 37
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*