# PPP loan: NORTH FERRY CO, INC.
> **$920K** approved 04/07/2020 · Paid in Full · Loan `7031217003`
## Borrower
- **Name:** NORTH FERRY CO, INC.
- **Address:** 12 Summerfield Place, SHELTER ISLAND HEIGHTS, NY, 11965-0001
- **NAICS:** 483114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $920K
- **Initial approval:** $920K
- **Forgiven:** $928K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $736K
- **Rent:** $184K
- **Jobs reported:** 58
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*