# PPP loan: OVANDO, INC.
> **$506K** approved 04/29/2020 · Paid in Full · Loan `3036167307`
## Borrower
- **Name:** OVANDO, INC.
- **Address:** 187 VAN WINKLE AVE, JERSEY CITY, NJ, 07306
- **NAICS:** 453110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Rent:** $65K
- **Utilities:** $14K
- **Health care:** $64K
- **Jobs reported:** 30
## 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*