# PPP loan: ACADEMIC STUDY ASSOCIATES
> **$233K** approved 04/15/2020 · Charged Off · Loan `1774777207`
## Borrower
- **Name:** ACADEMIC STUDY ASSOCIATES
- **Address:** 120 East 23rd Street Floor 4, New York, NY, 10010
- **NAICS:** 611710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $12K
- **Utilities:** $4K
- **Health care:** $12K
- **Jobs reported:** 5
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*