# PPP loan: NATUZZI ENTERPRISES INC
> **$323K** approved 04/15/2020 · Paid in Full · Loan `8594527109`
## Borrower
- **Name:** NATUZZI ENTERPRISES INC
- **Address:** 121-60 Farmers Blvd, Springfield Gardens, NY, 11413
- **NAICS:** 312113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Rent:** $32K
- **Utilities:** $16K
- **Jobs reported:** 28
## Lender
- **Originating:** Alma Bank
- **Servicing:** Alma Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*