# PPP loan: BELMONT CONFECTIONS INC
> **$1.09M** approved 02/12/2021 · Paid in Full · Loan `7561028401`
## Borrower
- **Name:** BELMONT CONFECTIONS INC
- **Address:** 4718 Belmont Ave, Youngstown, OH, 44505-1014
- **NAICS:** 311919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Utilities:** $1
- **Jobs reported:** 83
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*