# PPP loan: LUM DRASCO & POSITAN LLC
> **$613K** approved 01/28/2021 · Paid in Full · Loan `7887008308`
## Borrower
- **Name:** LUM DRASCO & POSITAN LLC
- **Address:** 103 EISENHOWER PWKY SUITE 401, ROSELAND, NJ, 07068
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $613K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*