# PPP loan: INSTALLATION CONCEPTS INC
> **$429K** approved 05/01/2020 · Paid in Full · Loan `2484847701`
## Borrower
- **Name:** INSTALLATION CONCEPTS INC
- **Address:** Installation Concepts Inc 160B FORNELIUS AVE UNIT B, CLIFTON, NJ, 07013
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Rent:** $32K
- **Utilities:** $2K
- **Jobs reported:** 48
## 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*