# PPP loan: SPIRAL 125, INC.
> **$433K** approved 05/01/2020 · Paid in Full · Loan `1102827707`
## Borrower
- **Name:** SPIRAL 125, INC.
- **Address:** 720 5TH AVE FL 11, NEW YORK, NY, 10019
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $356K
- **Rent:** $66K
- **Health care:** $11K
- **Jobs reported:** 38
## 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*