# PPP loan: JONAS UPHOLSTERY INC
> **$537K** approved 04/16/2020 · Paid in Full · Loan `2724087208`
## Borrower
- **Name:** JONAS UPHOLSTERY INC
- **Address:** 44 W 18TH ST FL 10, NEW YORK, NY, 10011
- **NAICS:** 333318
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $537K
- **Initial approval:** $537K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $403K
- **Rent:** $120K
- **Utilities:** $4K
- **Health care:** $10K
- **Jobs reported:** 46
## 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*