# PPP loan: FEDERAL BUSINESS PRODUCTS, INC.
> **$949K** approved 04/09/2020 · Paid in Full · Loan `9843467002`
## Borrower
- **Name:** FEDERAL BUSINESS PRODUCTS, INC.
- **Address:** 150 Clove Road, 5th Floor 0.0, Little Falls, NJ, 07424-2138
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $949K
- **Initial approval:** $949K
- **Forgiven:** $962K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Rent:** $50K
- **Mortgage interest:** $16K
- **Utilities:** $17K
- **Health care:** $75K
- **Jobs reported:** 93
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*