# PPP loan: PEL HUGHES PRINTING, INC
> **$664K** approved 05/01/2020 · Paid in Full · Loan `1844087709`
## Borrower
- **Name:** PEL HUGHES PRINTING, INC
- **Address:** 3801 TOULOUSE ST, NEW ORLEANS, LA, 70119
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $664K
- **Initial approval:** $664K
- **Forgiven:** $671K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $24K
- **Utilities:** $85K
- **Health care:** $21K
- **Debt interest:** $23K
- **Jobs reported:** 60
## 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*