# PPP loan: OWLINGSINC
> **$271K** approved 05/01/2020 · Charged Off · Loan `1727307704`
## Borrower
- **Name:** OWLINGSINC
- **Address:** 261 Broome Street, 7E 7E, NEW YORK, NY, 10002
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $243K (90%)
- **Forgiveness date:** 01/19/2022
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $48K
- **Utilities:** $2K
- **Health care:** $3K
- **Jobs reported:** 300
## 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*