# PPP loan: DIRECT SUPPLIES WAREHOUSE INC
> **$1.16M** approved 04/10/2020 · Paid in Full · Loan `1492597105`
## Borrower
- **Name:** DIRECT SUPPLIES WAREHOUSE INC
- **Address:** 100 Hancock St 0.0, Lodi, NJ, 07644-1913
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $983K
- **Rent:** $92K
- **Utilities:** $15K
- **Health care:** $25K
- **Debt interest:** $40K
- **Jobs reported:** 89
## 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*