# PPP loan: FIRST CHOICE SALES & MARKETING, INC
> **$188K** approved 05/01/2020 · Paid in Full · Loan `1994717703`
## Borrower
- **Name:** FIRST CHOICE SALES & MARKETING, INC
- **Address:** 26 PARK PL, MOUNTAIN LAKES, NJ, 07046
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $5K
- **Health care:** $14K
- **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*