# PPP loan: GFC LIGHTING WHOLESALER INC
> **$189K** approved 05/01/2020 · Paid in Full · Loan `1597227705`
## Borrower
- **Name:** GFC LIGHTING WHOLESALER INC
- **Address:** 614 CORPORATE WAY STE 5M, VALLEY COTTAGE, NY, 10989
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $35K
- **Utilities:** $2K
- **Jobs reported:** 15
## 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*