# PPP loan: DEL TURCO BROS., INC.
> **$1.46M** approved 05/14/2020 · Paid in Full · Loan `6277137401`
## Borrower
- **Name:** DEL TURCO BROS., INC.
- **Address:** 25 Verona Avenue, Newark, NJ, 07104
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 58
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*