# PPP loan: ALBERT D MADDOX
> **$542K** approved 04/14/2020 · Paid in Full · Loan `7190947105`
## Borrower
- **Name:** ALBERT D MADDOX
- **Address:** 220 Anderson Avenue 0.0, Moonachie, NJ, 07074-1632
- **NAICS:** 323111
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Rent:** $74K
- **Utilities:** $26K
- **Health care:** $30K
- **Debt interest:** $3K
- **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*