# PPP loan: PALERMO'S WHOLESALE INC.
> **$191K** approved 01/27/2021 · Paid in Full · Loan `6904408308`
## Borrower
- **Name:** PALERMO'S WHOLESALE INC.
- **Address:** 399 Liberty St, Little Ferry, NJ, 07643-1008
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $1
- **Jobs reported:** 41
## 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*