# PPP loan: NAYAMODE, INC.
> **$823K** approved 05/01/2020 · Charged Off · Loan `1490017701`
## Borrower
- **Name:** NAYAMODE, INC.
- **Address:** 2481 152ND AVE NE, REDMOND, WA, 98052
- **NAICS:** 541613
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $823K
- **Initial approval:** $823K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $740K
- **Rent:** $45K
- **Utilities:** $3K
- **Health care:** $34K
- **Jobs reported:** 350
## 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*