# PPP loan: SFM REALTY CORP
> **$637K** approved 06/18/2020 · Paid in Full · Loan `8248567902`
## Borrower
- **Name:** SFM REALTY CORP
- **Address:** 261 MADISON AVE 17th Floor, NEW YORK, NY, 10016-2300
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $647K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $121K
- **Utilities:** $6K
- **Jobs reported:** 27
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*