# PPP loan: RENOWN TAG & LABEL INC.
> **$397K** approved 05/01/2020 · Paid in Full · Loan `3004137707`
## Borrower
- **Name:** RENOWN TAG & LABEL INC.
- **Address:** 215 M CENTRAL AVE, FARMINGDALE, NY, 11735
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Rent:** $40K
- **Utilities:** $20K
- **Health care:** $48K
- **Jobs reported:** 28
## 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*