# PPP loan: CAKES BY HOWARD & NANCY, INC. DBA CAROU
> **$363K** approved 04/30/2020 · Paid in Full · Loan `5901107305`
## Borrower
- **Name:** CAKES BY HOWARD & NANCY, INC. DBA CAROU
- **Address:** 5 SEEGER DR, NANUET, NY, 10954
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $367K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $8K
- **Utilities:** $5K
- **Health care:** $10K
- **Jobs reported:** 10
## 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*