# PPP loan: CHANNEL ASSOCIATES INC.
> **$367K** approved 03/27/2021 · Paid in Full · Loan `1482018708`
## Borrower
- **Name:** CHANNEL ASSOCIATES INC.
- **Address:** 421 7th Ave Fl 15, New York, NY, 10001-2002
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 20
## 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*