# PPP loan: STATE OF THE ART MEDICAL PROD INC
> **$509K** approved 02/11/2021 · Paid in Full · Loan `6770618403`
## Borrower
- **Name:** STATE OF THE ART MEDICAL PROD INC
- **Address:** 41 Canfield Rd 41 Canfield Rd, Cedar Grove, NJ, 07009-1201
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $509K
- **Jobs reported:** 25
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*