# PPP loan: M. J. FOLEY COMPANY
> **$318K** approved 04/11/2020 · Paid in Full · Loan `3221497107`
## Borrower
- **Name:** M. J. FOLEY COMPANY
- **Address:** 52026 Sierra Drive PO Box 606, NEW BALTIMORE, MI, 48047
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Rent:** $35K
- **Utilities:** $6K
- **Health care:** $39K
- **Debt interest:** $392
- **Jobs reported:** 24
## 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*