# PPP loan: PRO-QUIP, INC
> **$244K** approved 04/28/2020 · Paid in Full · Loan `7183937202`
## Borrower
- **Name:** PRO-QUIP, INC
- **Address:** 4 Mark Road, Ste C, Kenilworth, NJ, 07033
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 10
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*