# PPP loan: SAMUELS, INC.
> **$1.77M** approved 04/10/2020 · Paid in Full · Loan `1327677101`
## Borrower
- **Name:** SAMUELS, INC.
- **Address:** 2091 Springfield Avenue 0.0, Vauxhall, NJ, 07088-1220
- **NAICS:** 423120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.77M
- **Initial approval:** $1.77M
- **Forgiven:** $1.78M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $150K
- **Mortgage interest:** $28K
- **Utilities:** $65K
- **Health care:** $101K
- **Debt interest:** $12K
- **Jobs reported:** 139
## 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*