# PPP loan: PALERMOTINI INC.
> **$154K** approved 04/09/2020 · Paid in Full · Loan `9352947010`
## Borrower
- **Name:** PALERMOTINI INC.
- **Address:** 399 Liberty St., LITTLE FERRY, NJ, 07643-1008
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 37
## Lender
- **Originating:** First Business Bank
- **Servicing:** First Business Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*