# PPP loan: UG ENTERPRISES INC.
> **$8.19M** approved 04/14/2020 · Paid in Full · Loan `7935357100`
## Borrower
- **Name:** UG ENTERPRISES INC.
- **Address:** 475 Main St, FARMINGDALE, NY, 11735
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.19M
- **Initial approval:** $8.19M
- **Forgiven:** $8.11M (99%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.19M
- **Jobs reported:** 500
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*