# PPP loan: JERSEY KIDS TRANSPORTATION, INC.
> **$221K** approved 04/28/2020 · Exemption 4 · Loan `6814777205`
## Borrower
- **Name:** JERSEY KIDS TRANSPORTATION, INC.
- **Address:** 641 Broadway, Paterson, NJ, 07514
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $32K (14%)
- **Forgiveness date:** 11/17/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 127
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*