# PPP loan: STAFFED INC.
> **$426K** approved 05/01/2020 · Charged Off · Loan `1005307702`
## Borrower
- **Name:** STAFFED INC.
- **Address:** 511 W 25TH ST FL 4, NEW YORK, NY, 10001
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $405K
- **Rent:** $21K
- **Jobs reported:** 500
## 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*