# PPP loan: SERVOLIFT LLC
> **$725K** approved 04/14/2020 · Paid in Full · Loan `7153937103`
## Borrower
- **Name:** SERVOLIFT LLC
- **Address:** 35 RIGHTER ROAD, Randolph, NJ, 07869
- **NAICS:** 325998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $544K
- **Rent:** $60K
- **Mortgage interest:** $60K
- **Utilities:** $60K
- **Jobs reported:** 49
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*