# PPP loan: MADELAINE CHOCOLATE NOVELTIES, INC
> **$2.01M** approved 04/11/2020 · Paid in Full · Loan `2704397101`
## Borrower
- **Name:** MADELAINE CHOCOLATE NOVELTIES, INC
- **Address:** 96-03 Beach Channel Drive 0.0, Rockaway Beach, NY, 11693-1321
- **NAICS:** 311352
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.01M
- **Initial approval:** $2.01M
- **Forgiven:** $2.04M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Utilities:** $150K
- **Health care:** $80K
- **Jobs reported:** 224
## 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*