# PPP loan: WHITE CASTLE SYSTEM INC
> **$10.00M** approved 04/10/2020 · Paid in Full · Loan `1385077107`
## Borrower
- **Name:** WHITE CASTLE SYSTEM INC
- **Address:** 555 Edgar Waldo Way 0.0, Columbus, OH, 43215-1158
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.12M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.50M
- **Rent:** $1.17M
- **Mortgage interest:** $80K
- **Utilities:** $1.20M
- **Debt interest:** $50K
- **Jobs reported:** 500
## 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*