# PPP loan: GRANDAISY BAKERY, INC.
> **$731K** approved 05/01/2020 · Paid in Full · Loan `1982397706`
## Borrower
- **Name:** GRANDAISY BAKERY, INC.
- **Address:** 250 W BROADWAY, NEW YORK, NY, 10013
- **NAICS:** 311811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $731K
- **Initial approval:** $731K
- **Forgiven:** $738K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Rent:** $89K
- **Utilities:** $33K
- **Health care:** $50K
- **Debt interest:** $3K
- **Jobs reported:** 55
## 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*