# PPP loan: REASON BRAND INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `1357537705`
## Borrower
- **Name:** REASON BRAND INC
- **Address:** 330 W 38TH ST RM 211, NEW YORK, NY, 10018
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Rent:** $16K
- **Utilities:** $8K
- **Health care:** $6K
- **Jobs reported:** 13
## 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*