# PPP loan: SCHENECTADY MAYFAIR JEWELERS AND SILVERSMITHS INC.
> **$150K** approved 01/23/2021 · Paid in Full · Loan `4862648301`
## Borrower
- **Name:** SCHENECTADY MAYFAIR JEWELERS AND SILVERSMITHS INC.
- **Address:** 7 Glenridge Rd, Scotia, NY, 12302-4501
- **NAICS:** 448310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*