# PPP loan: MATTHEWS OF VESTAL, INC.
> **$521K** approved 04/10/2020 · Paid in Full · Loan `1488697108`
## Borrower
- **Name:** MATTHEWS OF VESTAL, INC.
- **Address:** 3101 Vestal Parkway E 0.0, Vestal, NY, 13850-2207
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Rent:** $60K
- **Utilities:** $10K
- **Health care:** $14K
- **Debt interest:** $38K
- **Jobs reported:** 48
## 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*