# PPP loan: NATIONAL RESTAURANT SUPPLY CO, INC.
> **$388K** approved 04/08/2020 · Exemption 4 · Loan `8715197005`
## Borrower
- **Name:** NATIONAL RESTAURANT SUPPLY CO, INC.
- **Address:** 7125 INDUSTRIAL AVE 0.0, EL PASO, TX, 79915-1215
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $328K (85%)
- **Forgiveness date:** 05/19/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Rent:** $60K
- **Utilities:** $31K
- **Health care:** $27K
- **Debt interest:** $8K
- **Jobs reported:** 35
## 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*