# PPP loan: ZAEPFEL DEVELOPMENT CORP
> **$186K** approved 04/15/2020 · Paid in Full · Loan `1331167202`
## Borrower
- **Name:** ZAEPFEL DEVELOPMENT CORP
- **Address:** 5505 Main Street, Williamsville, NY, 14221
- **NAICS:** 531190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $9K
- **Utilities:** $2K
- **Health care:** $15K
- **Jobs reported:** 13
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*