# PPP loan: DRC REALTY ASSOCIATES LLC
> **$162K** approved 04/09/2020 · Paid in Full · Loan `9815167009`
## Borrower
- **Name:** DRC REALTY ASSOCIATES LLC
- **Address:** 1985 Cedar Bridge Ave Suite 1, LAKEWOOD, NJ, 08701-7031
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $8K
- **Utilities:** $8K
- **Debt interest:** $16K
- **Jobs reported:** 13
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*