# PPP loan: COMPETITION IMPORTS INC
> **$3.67M** approved 04/10/2020 · Paid in Full · Loan `1836617103`
## Borrower
- **Name:** COMPETITION IMPORTS INC
- **Address:** 599 Middle Country Rd 0.0, Saint James, NY, 11780-3205
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.67M
- **Initial approval:** $3.67M
- **Forgiven:** $3.71M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.91M
- **Rent:** $269K
- **Mortgage interest:** $39K
- **Utilities:** $88K
- **Health care:** $369K
- **Jobs reported:** 228
## 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*