# PPP loan: BAF CORPORATION
> **$570K** approved 01/27/2021 · Paid in Full · Loan `7022028304`
## Borrower
- **Name:** BAF CORPORATION
- **Address:** 5401 Ocean Ave, Wildwood Crest, NJ, 08260-4321
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $577K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $570K
- **Utilities:** $1
- **Jobs reported:** 52
## Lender
- **Originating:** Sturdy Savings Bank
- **Servicing:** Sturdy Savings Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*