# PPP loan: CLOSETS BY DESIGN OF SE PA
> **$1.02M** approved 04/14/2020 · Paid in Full · Loan `7470657106`
## Borrower
- **Name:** CLOSETS BY DESIGN OF SE PA
- **Address:** 60 Three Tun Road, Suite 1, Malvern, PA, 19355
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $765K
- **Rent:** $128K
- **Utilities:** $128K
- **Jobs reported:** 69
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*