# PPP loan: THE BURGER SPOT GC LLC
> **$200K** approved 05/01/2020 · Paid in Full · Loan `1325327707`
## Borrower
- **Name:** THE BURGER SPOT GC LLC
- **Address:** 150 7TH ST, GARDEN CITY, NY, 11530
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $35K
- **Utilities:** $15K
- **Jobs reported:** 300
## 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*