# PPP loan: ACULABS, INC
> **$1.86M** approved 04/08/2020 · Paid in Full · Loan `8340737004`
## Borrower
- **Name:** ACULABS, INC
- **Address:** 2 KENNEDY BLVD, EAST BRUNSWICK, NJ, 08816-1248
- **NAICS:** 621511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.87M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.86M
- **Jobs reported:** 309
## 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*