# PPP loan: NEW YORK LABEL & BOX CORP
> **$926K** approved 04/16/2020 · Paid in Full · Loan `2541007203`
## Borrower
- **Name:** NEW YORK LABEL & BOX CORP
- **Address:** 50 OVAL DR, ISLANDIA, NY, 11749
- **NAICS:** 323111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $926K
- **Initial approval:** $926K
- **Forgiven:** $932K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $675K
- **Rent:** $74K
- **Mortgage interest:** $61K
- **Utilities:** $32K
- **Health care:** $84K
- **Jobs reported:** 74
## 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*