# PPP loan: FASTBOLT CORP
> **$1.56M** approved 04/15/2020 · Paid in Full · Loan `8026327110`
## Borrower
- **Name:** FASTBOLT CORP
- **Address:** 200 Louis Street, South Hackensack, NJ, 07606
- **NAICS:** 423710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Rent:** $141K
- **Utilities:** $55K
- **Health care:** $350K
- **Jobs reported:** 101
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*