# PPP loan: ADAMIS GROUP USA LLC
> **$331K** approved 05/01/2020 · Exemption 4 · Loan `1452867708`
## Borrower
- **Name:** ADAMIS GROUP USA LLC
- **Address:** 32 E 57th St Fl 18, New York, NY, 10022
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $100K (30%)
- **Forgiveness date:** 04/08/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $55K
- **Utilities:** $9K
- **Health care:** $17K
- **Jobs reported:** 167
## 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*