# PPP loan: DAGU LU INC.
> **$205K** approved 01/29/2021 · Paid in Full · Loan `8505178302`
## Borrower
- **Name:** DAGU LU INC.
- **Address:** 111 Bloomfield Ave, Bloomfield, NJ, 07003-5915
- **NAICS:** 721199
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 38
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*