# PPP loan: RUMBA OF JERSEY CITY DOWNTOWN LLC
> **$195K** approved 02/10/2021 · Paid in Full · Loan `6176368408`
## Borrower
- **Name:** RUMBA OF JERSEY CITY DOWNTOWN LLC
- **Address:** 237 Pavonia Ave, Jersey City, NJ, 07302
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 05/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Freedom Bank
- **Servicing:** Freedom Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*