# PPP loan: PS MARCATO ELEVATOR CO., INC.
> **$3.87M** approved 04/10/2020 · Paid in Full · Loan `1449087110`
## Borrower
- **Name:** PS MARCATO ELEVATOR CO., INC.
- **Address:** 44-11 Eleventh Street 0.0, Long Island City, NY, 11101-5180
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.87M
- **Initial approval:** $3.87M
- **Forgiven:** $3.91M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.87M
- **Jobs reported:** 200
## 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*