# PPP loan: NJ RESTAURANT EQUIPMENT CORP.
> **$214K** approved 01/26/2021 · Paid in Full · Loan `5979978304`
## Borrower
- **Name:** NJ RESTAURANT EQUIPMENT CORP.
- **Address:** 4200 W Side Ave, North Bergen, NJ, 07047-6417
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Jobs reported:** 12
## Lender
- **Originating:** Continental Bank
- **Servicing:** Continental Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*