# PPP loan: STATE OF THE ART MEDICAL PROD INC
> **$382K** approved 05/01/2020 · Paid in Full · Loan `7725537707`
## Borrower
- **Name:** STATE OF THE ART MEDICAL PROD INC
- **Address:** 41 CANFIELD RD, CEDAR GROVE, NJ, 07009-1201
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 25
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*