# PPP loan: THE BASU GROUP INC
> **$183K** approved 02/13/2021 · Paid in Full · Loan `8417438406`
## Borrower
- **Name:** THE BASU GROUP INC
- **Address:** 2227 US Highway 1 # 162, North Brunswick, NJ, 08902-4402
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $183K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*