# PPP loan: VAC-U-MAX
> **$825K** approved 05/01/2020 · Paid in Full · Loan `1198547710`
## Borrower
- **Name:** VAC-U-MAX
- **Address:** 69 William Street, Belleville, NJ, 07109
- **NAICS:** 332919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $825K
- **Initial approval:** $825K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $690K
- **Mortgage interest:** $12K
- **Utilities:** $55K
- **Health care:** $68K
- **Jobs reported:** 60
## 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*