# PPP loan: SIMAREN CORP
> **$1.83M** approved 05/01/2020 · Paid in Full · Loan `3607377708`
## Borrower
- **Name:** SIMAREN CORP
- **Address:** 837 Old Country Rd., WESTBURY, NY, 11590
- **NAICS:** 561612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.83M
- **Initial approval:** $1.83M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.74M
- **Rent:** $75K
- **Utilities:** $15K
- **Jobs reported:** 220
## 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*