# PPP loan: FREUD THIRD AVENUE PROPERTIES, LLC
> **$375K** approved 05/01/2020 · Charged Off · Loan `1472607708`
## Borrower
- **Name:** FREUD THIRD AVENUE PROPERTIES, LLC
- **Address:** 515 Madison Ave Fl 31, New York, NY, 10022
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $254K (68%)
- **Forgiveness date:** 12/20/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $17K
- **Mortgage interest:** $114K
- **Utilities:** $50K
- **Health care:** $4K
- **Jobs reported:** 18
## 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*