# PPP loan: AMERICAN RETAIL SUPPLY CORP.
> **$240K** approved 05/01/2020 · Paid in Full · Loan `2182797704`
## Borrower
- **Name:** AMERICAN RETAIL SUPPLY CORP.
- **Address:** 16719 110th Ave E Ste A, Puyallup, WA, 98374
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $50K
- **Utilities:** $5K
- **Health care:** $15K
- **Jobs reported:** 25
## 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*