# PPP loan: FOA & SON, CORPORATION
> **$1.71M** approved 04/05/2020 · Paid in Full · Loan `5138567004`
## Borrower
- **Name:** FOA & SON, CORPORATION
- **Address:** 122 e. 42nd street, NEW YORK, NY, 10168-0001
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.28M
- **Rent:** $214K
- **Utilities:** $214K
- **Jobs reported:** 89
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*