# PPP loan: SEALS EASTERN INCORPORATED
> **$1.26M** approved 01/30/2021 · Paid in Full · Loan `8825218300`
## Borrower
- **Name:** SEALS EASTERN INCORPORATED
- **Address:** 134 Pearl St, Red Bank, NJ, 07701-1525
- **NAICS:** 339991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Utilities:** $1
- **Jobs reported:** 109
## 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*