# PPP loan: DE ARMAS ENTERPRISES CORP
> **$626K** approved 05/04/2020 · Exemption 4 · Loan `1154717406`
## Borrower
- **Name:** DE ARMAS ENTERPRISES CORP
- **Address:** 207 W 14TH ST, NEW YORK, NY, 10011
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Status:** Exemption 4
- **Term:** 4 months
## Use of funds
- **Payroll:** $470K
- **Rent:** $125K
- **Utilities:** $31K
- **Jobs reported:** 65
## 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*