# PPP loan: FERNANDO'S BAKERY INC
> **$736K** approved 05/04/2020 · Paid in Full · Loan `1194807403`
## Borrower
- **Name:** FERNANDO'S BAKERY INC
- **Address:** 5 SHERMAN ST, LINDEN, NJ, 07036-1953
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $736K
- **Initial approval:** $736K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Rent:** $60K
- **Utilities:** $65K
- **Health care:** $27K
- **Jobs reported:** 109
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*