# PPP loan: JACQUES MORET, INC.
> **$3.44M** approved 04/27/2020 · Paid in Full · Loan `4063887202`
## Borrower
- **Name:** JACQUES MORET, INC.
- **Address:** 1411 BROADWAY 8TH FL, NEW YORK, NY, 10018-3496
- **NAICS:** 424330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.44M
- **Initial approval:** $3.44M
- **Forgiven:** $3.48M (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.58M
- **Mortgage interest:** $430K
- **Utilities:** $430K
- **Jobs reported:** 313
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*