# PPP loan: 240BBJPUB INC
> **$394K** approved 02/19/2021 · Charged Off · Loan `1538258503`
## Borrower
- **Name:** 240BBJPUB INC
- **Address:** 240 W 35th St, New York, NY, 10001-2506
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $376K (95%)
- **Forgiveness date:** 12/22/2022
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $394K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** FC Marketplace, LLC (dba Funding Circle) (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*