# PPP loan: SOUTH CITY PRIME MONTVALE LLC
> **$692K** approved 02/13/2021 · Paid in Full · Loan `8140388400`
## Borrower
- **Name:** SOUTH CITY PRIME MONTVALE LLC
- **Address:** 100 Chestnut Ridge Rd, Montvale, NJ, 07645-1803
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $692K
- **Initial approval:** $692K
- **Forgiven:** $700K (101%)
- **Forgiveness date:** 03/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $692K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*