# PPP loan: NJR GROUP INC.
> **$428K** approved 04/07/2020 · Paid in Full · Loan `7516857005`
## Borrower
- **Name:** NJR GROUP INC.
- **Address:** 37938 US 52 Hwy N, ALBEMARLE, NC, 28002
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $3K
- **Utilities:** $10K
- **Health care:** $20K
- **Debt interest:** $20K
- **Jobs reported:** 33
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*