# PPP loan: QUALITY BAKERS OF NEW YORK, INC.
> **$189K** approved 06/29/2020 · Paid in Full · Loan `5750228010`
## Borrower
- **Name:** QUALITY BAKERS OF NEW YORK, INC.
- **Address:** 8914 130 St, RICHMOND HILL, NY, 11418-3327
- **NAICS:** 424450
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $184K (97%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $37K
- **Utilities:** $38K
- **Jobs reported:** 27
## 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*