# PPP loan: SOURCE MANTRA INC
> **$900K** approved 04/15/2020 · Paid in Full · Loan `9408607100`
## Borrower
- **Name:** SOURCE MANTRA INC
- **Address:** 295 Durham Avenue Suite 201, South Plainfield, NJ, 07080
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $909K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $833K
- **Rent:** $8K
- **Utilities:** $6K
- **Health care:** $24K
- **Debt interest:** $31K
- **Jobs reported:** 45
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*