# PPP loan: ARTS WEEKLY, INC
> **$155K** approved 04/10/2020 · Exemption 4 · Loan `1312647100`
## Borrower
- **Name:** ARTS WEEKLY, INC
- **Address:** 52 Sindle Ave, LITTLE FALLS, NJ, 07424-1619
- **NAICS:** 511120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $114K (74%)
- **Forgiveness date:** 06/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $14K
- **Utilities:** $4K
- **Health care:** $15K
- **Jobs reported:** 14
## 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*