# PPP loan: JAKE KAPLAN'S INC.
> **$1.06M** approved 04/10/2020 · Paid in Full · Loan `1827227102`
## Borrower
- **Name:** JAKE KAPLAN'S INC.
- **Address:** 449 Neponset St 0.0, Norwood, MA, 02062-4919
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $871K
- **Rent:** $150K
- **Utilities:** $23K
- **Health care:** $17K
- **Jobs reported:** 81
## 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*