# PPP loan: BEDROS INC
> **$725K** approved 04/27/2020 · Paid in Full · Loan `5811717209`
## Borrower
- **Name:** BEDROS INC
- **Address:** 1650 Limekiln Pike, Dresher, PA, 19025
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $725K
- **Initial approval:** $725K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $571K
- **Rent:** $36K
- **Utilities:** $71K
- **Health care:** $36K
- **Debt interest:** $11K
- **Jobs reported:** 99
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*