# PPP loan: ONTASH & ERMAC INC.
> **$320K** approved 02/11/2021 · Paid in Full · Loan `6967718402`
## Borrower
- **Name:** ONTASH & ERMAC INC.
- **Address:** 876 Kinderkamack Rd Ste 201 River Edge, River Edge, NJ, 07661-2343
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*