# PPP loan: JACK TUCHTEN WHOLESALE PRODUCE INC.
> **$981K** approved 04/10/2020 · Paid in Full · Loan `1546577106`
## Borrower
- **Name:** JACK TUCHTEN WHOLESALE PRODUCE INC.
- **Address:** 2404 S. Wolcott Ave 0.0, Chicago, IL, 60608-5300
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $981K
- **Initial approval:** $981K
- **Forgiven:** $992K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $813K
- **Rent:** $97K
- **Utilities:** $20K
- **Health care:** $51K
- **Jobs reported:** 48
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*