# PPP loan: FOOD GUSTO INC
> **$300K** approved 05/01/2020 · Paid in Full · Loan `2482557704`
## Borrower
- **Name:** FOOD GUSTO INC
- **Address:** 810 E 27TH ST, PATERSON, NJ, 07513
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $26K
- **Utilities:** $132K
- **Health care:** $10K
- **Debt interest:** $3K
- **Jobs reported:** 200
## 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*