# PPP loan: CORE TECHNOLOGY, INC.
> **$553K** approved 04/08/2020 · Paid in Full · Loan `7811547009`
## Borrower
- **Name:** CORE TECHNOLOGY, INC.
- **Address:** 34 NEW MAPLE AVE Suite 205, PINE BROOK, NJ, 07058-8500
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Rent:** $27K
- **Utilities:** $4K
- **Health care:** $54K
- **Debt interest:** $5K
- **Jobs reported:** 39
## Lender
- **Originating:** Chesapeake Bank
- **Servicing:** Chesapeake Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*