# PPP loan: DIRECT MAIL DEPOT, INC
> **$1.11M** approved 04/10/2020 · Paid in Full · Loan `1482387108`
## Borrower
- **Name:** DIRECT MAIL DEPOT, INC
- **Address:** 200 Circle Drive North 0.0, Piscataway, NJ, 08854-3705
- **NAICS:** 541860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 05/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $879K
- **Rent:** $151K
- **Mortgage interest:** $25K
- **Utilities:** $58K
- **Jobs reported:** 150
## 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*