# PPP loan: INDEPENDENT TESTING & BALANCING CORP.
> **$308K** approved 03/10/2021 · Paid in Full · Loan `8794988500`
## Borrower
- **Name:** INDEPENDENT TESTING & BALANCING CORP.
- **Address:** 254 N Main St, New City, NY, 10956-4020
- **NAICS:** 541380
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $315K (102%)
- **Forgiveness date:** 07/21/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 10
## 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*