# PPP loan: NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE
> **$327K** approved 05/01/2020 · Paid in Full · Loan `1197747709`
## Borrower
- **Name:** NEW YORK COLLEGE OF TRADITIONAL CHINESE MEDICINE
- **Address:** 200 Old Country Rd, Mineola, NY, 11501
- **NAICS:** 611310
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $92K
- **Utilities:** $3K
- **Health care:** $11K
- **Jobs reported:** 50
## 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*