# PPP loan: CHERRY HILL MARKET MGT LLC
> **$299K** approved 05/01/2020 · Paid in Full · Loan `1616007705`
## Borrower
- **Name:** CHERRY HILL MARKET MGT LLC
- **Address:** 1901 Emmons Ave, Brooklyn, NY, 11235
- **NAICS:** 424480
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $60K
- **Jobs reported:** 96
## 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*