# PPP loan: MATTHEWS OF SCRANTON, INC.
> **$291K** approved 04/10/2020 · Paid in Full · Loan `1650837101`
## Borrower
- **Name:** MATTHEWS OF SCRANTON, INC.
- **Address:** 3007 Scranton-Carbondale Highway 0.0, Blakely, PA, 18847-8323
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Rent:** $27K
- **Utilities:** $8K
- **Health care:** $9K
- **Debt interest:** $19K
- **Jobs reported:** 26
## 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*