# PPP loan: T & J INC T/A PALERMOS BAKERY
> **$343K** approved 01/27/2021 · Exemption 4 · Loan `6740358309`
## Borrower
- **Name:** T & J INC T/A PALERMOS BAKERY
- **Address:** 187 Main St, Ridgefield Park, NJ, 07660-1604
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $227K (66%)
- **Forgiveness date:** 09/17/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $343K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*