# PPP loan: THE ASTRAEA FOUNDATION, INC.
> **$617K** approved 05/01/2020 · Paid in Full · Loan `1428277708`
## Borrower
- **Name:** THE ASTRAEA FOUNDATION, INC.
- **Address:** 116 E 16TH ST FL 7, NEW YORK, NY, 10003
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $82K
- **Utilities:** $5K
- **Jobs reported:** 28
## 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*