# PPP loan: IMAGINE SWIMMING, INC.
> **$770K** approved 04/15/2020 · Exemption 4 · Loan `1774637200`
## Borrower
- **Name:** IMAGINE SWIMMING, INC.
- **Address:** 41 UNION SQ W STE 1528, NEW YORK, NY, 10003
- **NAICS:** 611620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $770K
- **Initial approval:** $770K
- **Forgiven:** $428K (56%)
- **Forgiveness date:** 07/29/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $150K
- **Utilities:** $20K
- **Jobs reported:** 120
## 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*