# PPP loan: THARANCO GROUP LLC
> **$3.05M** approved 04/14/2020 · Paid in Full · Loan `5872297109`
## Borrower
- **Name:** THARANCO GROUP LLC
- **Address:** 850 PATERSON PLANK RD, SECAUCUS, NJ, 07094-2724
- **NAICS:** 424320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.00M (98%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.42M
- **Rent:** $355K
- **Health care:** $280K
- **Jobs reported:** 205
## Lender
- **Originating:** OneWest Bank, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*