# PPP loan: BRUCE GENDELMAN COMPANY, INC.
> **$1.00M** approved 04/10/2020 · Paid in Full · Loan `1478797110`
## Borrower
- **Name:** BRUCE GENDELMAN COMPANY, INC.
- **Address:** 340 Royal Poinciana Way, Suite 338 Palm Beach, FL 33480, Palm Beach, FL, 33480-4063
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $981K
- **Rent:** $6K
- **Utilities:** $500
- **Health care:** $16K
- **Jobs reported:** 58
## 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*