# PPP loan: HERMAN LOSELY AND SON INC
> **$713K** approved 05/01/2020 · Paid in Full · Loan `2524807706`
## Borrower
- **Name:** HERMAN LOSELY AND SON INC
- **Address:** 3410 SHEPARD RD, PERRY, OH, 44081
- **NAICS:** 111422
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $720K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Jobs reported:** 500
## 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*