# PPP loan: SHIPOWNERS CLAIMS BUREAU, INC.
> **$1.07M** approved 04/10/2020 · Paid in Full · Loan `1422887103`
## Borrower
- **Name:** SHIPOWNERS CLAIMS BUREAU, INC.
- **Address:** 1 Battery Park Plaza 31st Floor 0.0, New York, NY, 10004-1405
- **NAICS:** 524291
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $239K
- **Mortgage interest:** $7K
- **Utilities:** $21K
- **Jobs reported:** 44
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*