# PPP loan: DAVID & YOUNG GROUP CORP.
> **$556K** approved 04/07/2020 · Paid in Full · Loan `7027767001`
## Borrower
- **Name:** DAVID & YOUNG GROUP CORP.
- **Address:** 903 CASTLE ROAD, SECAUCUS, NJ, 07094-1617
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $417K
- **Rent:** $133K
- **Utilities:** $6K
- **Jobs reported:** 51
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*