# PPP loan: PAUL NAFTALI OD
> **$281K** approved 04/06/2020 · Paid in Full · Loan `5756257002`
## Borrower
- **Name:** PAUL NAFTALI OD
- **Address:** 311 Main St., MADISON, NJ, 07940-2338
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $32K
- **Utilities:** $2K
- **Health care:** $14K
- **Jobs reported:** 30
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*