# PPP loan: JOSMO SHOES CORP
> **$550K** approved 04/10/2020 · Paid in Full · Loan `1444827108`
## Borrower
- **Name:** JOSMO SHOES CORP
- **Address:** 601-59th Street 0.0, West New York, NJ, 07093-1303
- **NAICS:** 424340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $135K
- **Mortgage interest:** $70K
- **Utilities:** $10K
- **Health care:** $15K
- **Debt interest:** $100K
- **Jobs reported:** 64
## 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*