# PPP loan: SAVIT ENTERPRISES INC.
> **$330K** approved 04/08/2020 · Paid in Full · Loan `7942857008`
## Borrower
- **Name:** SAVIT ENTERPRISES INC.
- **Address:** 46 C West FERRIS ST, EAST BRUNSWICK, NJ, 08816-2159
- **NAICS:** 561440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $330K
- **Initial approval:** $330K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Jobs reported:** 24
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*