# PPP loan: FEDERAL CREDIT UNION
> **$1.16M** approved 05/19/2020 · Exemption 4 · Loan `8659357402`
## Borrower
- **Name:** FEDERAL CREDIT UNION
- **Address:** 24 Shark River Road, Tinton Falls, NJ, 07753
- **NAICS:** 522320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 21
## Lender
- **Originating:** Kabbage, Inc.
- **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*