# PPP loan: ADVERTAPE, INC. DBA DISCOUNT THERMAL LABELS
> **$389K** approved 05/01/2020 · Paid in Full · Loan `1674987704`
## Borrower
- **Name:** ADVERTAPE, INC. DBA DISCOUNT THERMAL LABELS
- **Address:** 1189 MONTAUK HWY, EAST PATCHOGUE, NY, 11772
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $8K
- **Utilities:** $5K
- **Health care:** $28K
- **Debt interest:** $700
- **Jobs reported:** 32
## 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*