# PPP loan: LAURICE EL BADRY RAHME LTD D B A
> **$1.69M** approved 05/01/2020 · Paid in Full · Loan `1198157700`
## Borrower
- **Name:** LAURICE EL BADRY RAHME LTD D B A
- **Address:** 9 BOND ST, NEW YORK, NY, 10012
- **NAICS:** 424210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.26M
- **Rent:** $371K
- **Utilities:** $51K
- **Jobs reported:** 153
## 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*