# PPP loan: SOUTHEAST ASIA MARKET LLC
> **$490K** approved 05/01/2020 · Exemption 4 · Loan `1139617707`
## Borrower
- **Name:** SOUTHEAST ASIA MARKET LLC
- **Address:** 52 15TH ST, BROOKLYN, NY, 11215
- **NAICS:** 423850
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $394K (80%)
- **Forgiveness date:** 11/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $51K
- **Utilities:** $11K
- **Health care:** $20K
- **Debt interest:** $9K
- **Jobs reported:** 55
## 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*