# PPP loan: DALE ELECTRONICS CORP. DBA REGAL CITY DISTRIBUTING
> **$549K** approved 03/17/2021 · Paid in Full · Loan `3741318600`
## Borrower
- **Name:** DALE ELECTRONICS CORP. DBA REGAL CITY DISTRIBUTING
- **Address:** 14804 95th Ave, Jamaica, NY, 11435-4520
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $549K
- **Jobs reported:** 31
## 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*