# PPP loan: UTILITIES %26 INDUSTRIES MANAGEMENT CORP
> **$261K** approved 04/11/2020 · Paid in Full · Loan `2732697105`
## Borrower
- **Name:** UTILITIES %26 INDUSTRIES MANAGEMENT CORP
- **Address:** 140 58th Street, Suite 3C, Brooklyn, NY, 11220-2521
- **NAICS:** 551112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $7K
- **Mortgage interest:** $26K
- **Utilities:** $200
- **Health care:** $28K
- **Jobs reported:** 17
## 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*