# PPP loan: LAST CHANCE FUNDING INC.
> **$298K** approved 04/28/2020 · Paid in Full · Loan `1237117300`
## Borrower
- **Name:** LAST CHANCE FUNDING INC.
- **Address:** 411 Hempstead TPKE, WEST HEMPSTEAD, NY, 11552-1350
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Rent:** $59K
- **Jobs reported:** 74
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*