# PPP loan: NYC BURGER NO. 1 LLC
> **$263K** approved 05/01/2020 · Charged Off · Loan `1486247708`
## Borrower
- **Name:** NYC BURGER NO. 1 LLC
- **Address:** 665 Broadway, Suite 4N Suite 402, NEW YORK, NY, 10012
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $138K
- **Rent:** $110K
- **Utilities:** $12K
- **Health care:** $1K
- **Debt interest:** $2K
- **Jobs reported:** 420
## 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*