# PPP loan: GELMART INDUSTRIES INCORPORATED
> **$882K** approved 05/01/2020 · Paid in Full · Loan `2120027701`
## Borrower
- **Name:** GELMART INDUSTRIES INCORPORATED
- **Address:** 48 W 38TH ST FL 10, NEW YORK, NY, 10018
- **NAICS:** 424330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $882K
- **Initial approval:** $882K
- **Status:** Paid in Full
- **Term:** 44 months
## Use of funds
- **Payroll:** $726K
- **Rent:** $84K
- **Utilities:** $6K
- **Health care:** $66K
- **Jobs reported:** 34
## 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*