# PPP loan: BASSER KAUFMAN INC
> **$340K** approved 04/06/2020 · Paid in Full · Loan `6029907005`
## Borrower
- **Name:** BASSER KAUFMAN INC
- **Address:** 151 Irving Place, WOODMERE, NY, 11598-1223
- **NAICS:** 531190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Mortgage interest:** $30K
- **Utilities:** $10K
- **Jobs reported:** 22
## Lender
- **Originating:** New Valley Bank & Trust
- **Servicing:** New Valley Bank & Trust (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*