# PPP loan: BLUMBERG EXCELSIOR, INC
> **$858K** approved 04/10/2020 · Paid in Full · Loan `1281557104`
## Borrower
- **Name:** BLUMBERG EXCELSIOR, INC
- **Address:** 16 Court Street 14th floor 0.0, Brooklyn, NY, 11241-0004
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $858K
- **Initial approval:** $858K
- **Forgiven:** $864K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $668K
- **Rent:** $117K
- **Utilities:** $9K
- **Health care:** $64K
- **Jobs reported:** 65
## 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*