# PPP loan: IL MERCATO 2401 INC DBA CARMINES GOURMET MARKET
> **$974K** approved 05/01/2020 · Paid in Full · Loan `2991237700`
## Borrower
- **Name:** IL MERCATO 2401 INC DBA CARMINES GOURMET MARKET
- **Address:** 2401 PGA BLVD STE 172, PALM BEACH GARDENS, FL, 33410
- **NAICS:** 445299
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $986K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Rent:** $176K
- **Utilities:** $35K
- **Health care:** $22K
- **Jobs reported:** 500
## 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*