# PPP loan: FAY DA MANUFACTURING CORP.
> **$382K** approved 05/01/2020 · Paid in Full · Loan `3207197703`
## Borrower
- **Name:** FAY DA MANUFACTURING CORP.
- **Address:** 259 MESEROLE ST, BROOKLYN, NY, 11206
- **NAICS:** 311812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Rent:** $96K
- **Jobs reported:** 40
## 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*