# PPP loan: CLARE ROSE INC.
> **$4.75M** approved 04/10/2020 · Paid in Full · Loan `1328047102`
## Borrower
- **Name:** CLARE ROSE INC.
- **Address:** 100 Rose Executive Blvd. 0.0, East Yaphank, NY, 11967-1524
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.75M
- **Initial approval:** $4.75M
- **Forgiven:** $4.81M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.40M
- **Rent:** $347K
- **Utilities:** $35K
- **Health care:** $966K
- **Jobs reported:** 295
## 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*