# PPP loan: GRIDSPAN CORPORATION
> **$246K** approved 05/01/2020 · Paid in Full · Loan `3607467700`
## Borrower
- **Name:** GRIDSPAN CORPORATION
- **Address:** 120 Jersey Avenue Suite 200, New Brunswick, NJ, 08901
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $2K
- **Utilities:** $500
- **Health care:** $11K
- **Jobs reported:** 22
## 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*