# PPP loan: JAMO 31 INC
> **$232K** approved 01/19/2021 · Exemption 4 · Loan `1592988304`
## Borrower
- **Name:** JAMO 31 INC
- **Address:** 5 W 31st St, New York, NY, 10001-4414
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $135K (58%)
- **Forgiveness date:** 03/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** NewBank
- **Servicing:** NewBank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*