# PPP loan: HUGO MORTON US INC
> **$282K** approved 05/01/2020 · Paid in Full · Loan `1263277709`
## Borrower
- **Name:** HUGO MORTON US INC
- **Address:** 3575 CAHUENGA BLVD W STE 580, LOS ANGELES, CA, 90068
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Rent:** $7K
- **Utilities:** $3K
- **Health care:** $7K
- **Jobs reported:** 150
## 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*