# PPP loan: E R BUTLER & CO
> **$352K** approved 05/01/2020 · Paid in Full · Loan `2563577701`
## Borrower
- **Name:** E R BUTLER & CO
- **Address:** 55 PRINCE ST, NEW YORK, NY, 10012
- **NAICS:** 332510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $352K
- **Initial approval:** $352K
- **Forgiven:** $355K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Rent:** $32K
- **Mortgage interest:** $6K
- **Utilities:** $12K
- **Health care:** $20K
- **Jobs reported:** 21
## 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*