# PPP loan: ST PAULS COMMUNITY DEVELOPMENT CORP
> **$265K** approved 04/14/2020 · Paid in Full · Loan `7088227105`
## Borrower
- **Name:** ST PAULS COMMUNITY DEVELOPMENT CORP
- **Address:** 456 VAN HOUTEN ST, PATERSON, NJ, 07501-2118
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $214K (81%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 40
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*