# PPP loan: IVY LANE DUTCH CLEANERS, INC.
> **$160K** approved 04/15/2020 · Paid in Full · Loan `9607907110`
## Borrower
- **Name:** IVY LANE DUTCH CLEANERS, INC.
- **Address:** TBD, ENGLEWOOD, NJ, 07631
- **NAICS:** 812320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 25
## Lender
- **Originating:** NVE Bank
- **Servicing:** NVE Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*