# PPP loan: FLORANNE INC
> **$206K** approved 02/11/2021 · Exemption 4 · Loan `6993448408`
## Borrower
- **Name:** FLORANNE INC
- **Address:** 200 South Ave E Ste 203, Cranford, NJ, 07016-2946
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $180K (87%)
- **Forgiveness date:** 02/17/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 13
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*