# PPP loan: SUPERIOR ELEVATOR TECHNOLOGIES CORP.
> **$625K** approved 05/01/2020 · Paid in Full · Loan `2824547702`
## Borrower
- **Name:** SUPERIOR ELEVATOR TECHNOLOGIES CORP.
- **Address:** 2441 3RD AVE, BRONX, NY, 10451
- **NAICS:** 541712
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $625K
- **Initial approval:** $625K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Rent:** $10K
- **Utilities:** $400
- **Health care:** $36K
- **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*