# PPP loan: GRADO LABORATORIES INC
> **$238K** approved 02/22/2021 · Paid in Full · Loan `3040338505`
## Borrower
- **Name:** GRADO LABORATORIES INC
- **Address:** 4614 7th Ave, Brooklyn, NY, 11220-1413
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Utilities:** $1
- **Jobs reported:** 26
## 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*