# PPP loan: UNITED PANEL TECHNOLOGIES CORP.
> **$512K** approved 04/16/2020 · Paid in Full · Loan `2789927201`
## Borrower
- **Name:** UNITED PANEL TECHNOLOGIES CORP.
- **Address:** 611 OLD WILLETS PATH, HAUPPAUGE, NY, 11788
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $461K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $26K
- **Jobs reported:** 40
## 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*