# PPP loan: GUIDANCE IN GIVING INC
> **$753K** approved 05/01/2020 · Exemption 4 · Loan `3046037710`
## Borrower
- **Name:** GUIDANCE IN GIVING INC
- **Address:** 225 SNEDECOR AVE, BAYPORT, NY, 11705
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $753K
- **Initial approval:** $753K
- **Forgiven:** $520K (69%)
- **Forgiveness date:** 01/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $673K
- **Rent:** $16K
- **Health care:** $64K
- **Jobs reported:** 32
## 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*