# PPP loan: DELAN ASSOCIATES INC
> **$620K** approved 02/09/2021 · Paid in Full · Loan `5876948401`
## Borrower
- **Name:** DELAN ASSOCIATES INC
- **Address:** 30 S Ocean Ave Rm 104, Freeport, NY, 11520-3550
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 33
## 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*