# PPP loan: RUG RENOVATING CO., INC.
> **$413K** approved 04/15/2020 · Paid in Full · Loan `8270077109`
## Borrower
- **Name:** RUG RENOVATING CO., INC.
- **Address:** 532 GROVE ST, EAST ORANGE, NJ, 07017-4909
- **NAICS:** 561740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $413K
- **Initial approval:** $413K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $413K
- **Jobs reported:** 43
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*