# PPP loan: REMACC INC.
> **$194K** approved 03/02/2021 · Paid in Full · Loan `5842608504`
## Borrower
- **Name:** REMACC INC.
- **Address:** 317 State Route 34 Ste 201, Colts Neck, NJ, 07722-2447
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Amboy Bank
- **Servicing:** Amboy Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*