# PPP loan: IESE USA INC
> **$518K** approved 05/01/2020 · Paid in Full · Loan `1235807705`
## Borrower
- **Name:** IESE USA INC
- **Address:** 165 W 57TH ST, NEW YORK, NY, 10019
- **NAICS:** 611410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $419K (81%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $398K
- **Rent:** $65K
- **Utilities:** $14K
- **Health care:** $40K
- **Jobs reported:** 23
## 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*