# PPP loan: MATTHEWS IMPORT CENTER, INC.
> **$901K** approved 04/10/2020 · Paid in Full · Loan `1474577106`
## Borrower
- **Name:** MATTHEWS IMPORT CENTER, INC.
- **Address:** 3013 Old Vestal Rd 0.0, Vestal, NY, 13850-2011
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $901K
- **Initial approval:** $901K
- **Forgiven:** $913K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $787K
- **Rent:** $40K
- **Utilities:** $8K
- **Health care:** $20K
- **Debt interest:** $46K
- **Jobs reported:** 84
## 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*