# PPP loan: AMERICAN FURNITURE RENTALS, INC.
> **$10.00M** approved 04/15/2020 · Paid in Full · Loan `8270007110`
## Borrower
- **Name:** AMERICAN FURNITURE RENTALS, INC.
- **Address:** 720 Hylton Road, Pennsauken Township, NJ, 08110
- **NAICS:** 532289
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.16M (102%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.09M
- **Rent:** $1.54M
- **Health care:** $1.37M
- **Jobs reported:** 264
## 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*