# PPP loan: LOCKSON INC
> **$370K** approved 01/27/2021 · Paid in Full · Loan `6867048307`
## Borrower
- **Name:** LOCKSON INC
- **Address:** 80-90 Enterprise Ave S, Secaucus, NJ, 07094-1921
- **NAICS:** 481112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Utilities:** $1
- **Jobs reported:** 28
## 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*