# PPP loan: BULBTRONICS INC.
> **$514K** approved 04/10/2020 · Paid in Full · Loan `1573177110`
## Borrower
- **Name:** BULBTRONICS INC.
- **Address:** 45 Banfi Plaza N 0.0, Farmingdale, NY, 11735-1539
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Rent:** $75K
- **Utilities:** $28K
- **Health care:** $21K
- **Jobs reported:** 43
## 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*