# PPP loan: REISS WHOLESALE HARDWARE CO. INC.
> **$819K** approved 04/16/2020 · Paid in Full · Loan `2633537206`
## Borrower
- **Name:** REISS WHOLESALE HARDWARE CO. INC.
- **Address:** 975 Georgia Avenue, Brooklyn, NY, 11207
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $819K
- **Initial approval:** $819K
- **Forgiven:** $827K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $586K
- **Rent:** $138K
- **Utilities:** $20K
- **Health care:** $61K
- **Debt interest:** $14K
- **Jobs reported:** 72
## 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*