# PPP loan: BUSINESS INFORMATION SERVICES INC.
> **$235K** approved 05/01/2020 · Paid in Full · Loan `1848177709`
## Borrower
- **Name:** BUSINESS INFORMATION SERVICES INC.
- **Address:** EQUES OFFICE CENTRE, COLTS NECK, NJ, 07722
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $8K
- **Utilities:** $732.5
- **Health care:** $8K
- **Jobs reported:** 9
## 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*