# PPP loan: SAMUEL & SONS PASSEMENTERIE, INC.
> **$1.06M** approved 04/11/2020 · Paid in Full · Loan `2892687101`
## Borrower
- **Name:** SAMUEL & SONS PASSEMENTERIE, INC.
- **Address:** 983 3RD AVE, NEW YORK, NY, 10022
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $820K
- **Rent:** $144K
- **Utilities:** $28K
- **Health care:** $65K
- **Jobs reported:** 76
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*