# PPP loan: NU-WORLD CORPORATION
> **$5.25M** approved 04/28/2020 · Paid in Full · Loan `7460107210`
## Borrower
- **Name:** NU-WORLD CORPORATION
- **Address:** 300 Milk St, Carteret, NJ, 07008
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.25M
- **Initial approval:** $5.25M
- **Forgiven:** $5.32M (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.25M
- **Jobs reported:** 271
## 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*