# PPP loan: MATPLUS, LTD.
> **$360K** approved 04/15/2020 · Paid in Full · Loan `1849707203`
## Borrower
- **Name:** MATPLUS, LTD.
- **Address:** 76 BURTON ST, PAINESVILLE, OH, 44077
- **NAICS:** 339113
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $364K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Rent:** $22K
- **Health care:** $3K
- **Jobs reported:** 36
## 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*