# PPP loan: MZ WALLACE INC.
> **$919K** approved 04/14/2020 · Paid in Full · Loan `5820187109`
## Borrower
- **Name:** MZ WALLACE INC.
- **Address:** 10 Crosby Street 5th Floor 0.0, New York, NY, 10013-3103
- **NAICS:** 448150
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $919K
- **Initial approval:** $919K
- **Forgiven:** $928K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $680K
- **Rent:** $160K
- **Utilities:** $10K
- **Health care:** $40K
- **Debt interest:** $29K
- **Jobs reported:** 45
## 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*