# PPP loan: PESCE BROTHERS CORP
> **$514K** approved 04/27/2020 · Paid in Full · Loan `4072147205`
## Borrower
- **Name:** PESCE BROTHERS CORP
- **Address:** 528 INDUSTRIAL LOOP, STATEN ISLAND, NY, 10309-1121
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $398K
- **Rent:** $75K
- **Utilities:** $40K
- **Jobs reported:** 40
## Lender
- **Originating:** Crown Bank
- **Servicing:** Crown Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*