# PPP loan: HERBERT GLADSON LTD
> **$252K** approved 04/10/2020 · Paid in Full · Loan `1944497101`
## Borrower
- **Name:** HERBERT GLADSON LTD
- **Address:** 51 Hartz Way 0.0, Secaucus, NJ, 07094-2424
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $256K (102%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Mortgage interest:** $15K
- **Jobs reported:** 19
## 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*