# PPP loan: FOS DEVELOPMENT CORP.
> **$1.09M** approved 04/07/2020 · Paid in Full · Loan `7384157004`
## Borrower
- **Name:** FOS DEVELOPMENT CORP.
- **Address:** 50-01 25th Avenue, WOODSIDE, NY, 11377-7800
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $869K
- **Rent:** $217K
- **Jobs reported:** 47
## 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*