# PPP loan: AMERICAN FINANCIAL RESOURCES, INC.
> **$5.11M** approved 04/28/2020 · Paid in Full · Loan `7035987204`
## Borrower
- **Name:** AMERICAN FINANCIAL RESOURCES, INC.
- **Address:** 9 Sylvan Way, Parsippany, NJ, 07054-3816
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.11M
- **Initial approval:** $5.11M
- **Forgiven:** $4.84M (95%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.11M
- **Jobs reported:** 310
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*