# PPP loan: MENLO ENGINEERING ASSOCIATES, INC
> **$572K** approved 04/28/2020 · Paid in Full · Loan `7502707201`
## Borrower
- **Name:** MENLO ENGINEERING ASSOCIATES, INC
- **Address:** 261 CLEVELAND AVE, HIGHLAND PARK, NJ, 08904-1824
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 29
## Lender
- **Originating:** Magyar Bank
- **Servicing:** Magyar Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*