# PPP loan: SUTTON WAREHOUSING INC.
> **$2.06M** approved 04/27/2020 · Paid in Full · Loan `6139427200`
## Borrower
- **Name:** SUTTON WAREHOUSING INC.
- **Address:** 115 KENNEDY DR, SAYREVILLE, NJ, 08872-1459
- **NAICS:** 493110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.06M
- **Initial approval:** $2.06M
- **Forgiven:** $2.09M (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Mortgage interest:** $257K
- **Utilities:** $257K
- **Jobs reported:** 166
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*