# PPP loan: LASER BOUNCE OF BROOKLYN INC.
> **$293K** approved 05/01/2020 · Charged Off · Loan `1727707706`
## Borrower
- **Name:** LASER BOUNCE OF BROOKLYN INC.
- **Address:** 80-28 COOPER AVE, GLENDALE, NY, 11385
- **NAICS:** 711190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Status:** Charged Off
- **Term:** 139 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $73K
- **Utilities:** $6K
- **Health care:** $9K
- **Debt interest:** $10K
- **Jobs reported:** 30
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*