# PPP loan: 38 40 FRENEAU AVENUE OPERATING COMPANY,LLC
> **$2.03M** approved 04/28/2020 · Paid in Full · Loan `6975567202`
## Borrower
- **Name:** 38 40 FRENEAU AVENUE OPERATING COMPANY,LLC
- **Address:** 40 Freneau Ave., Matawan, NJ, 07747
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.03M
- **Initial approval:** $2.03M
- **Forgiven:** $2.06M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.03M
- **Jobs reported:** 212
## 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*