# PPP loan: DON PEPE I INC
> **$354K** approved 03/05/2021 · Paid in Full · Loan `7179388501`
## Borrower
- **Name:** DON PEPE I INC
- **Address:** 844 McCarter Hwy, Newark, NJ, 07102-5209
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 12/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $354K
- **Utilities:** $1
- **Jobs reported:** 63
## 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) · MORVS · CC0 1.0*