# PPP loan: SPIN AUSTIN LLC
> **$283K** approved 05/01/2020 · Paid in Full · Loan `1850677705`
## Borrower
- **Name:** SPIN AUSTIN LLC
- **Address:** 48 E 23rd St, New York, NY, 10010
- **NAICS:** —
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $283K
- **Initial approval:** $283K
- **Forgiven:** $25K (9%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Rent:** $70K
- **Utilities:** $597
- **Jobs reported:** 44
## 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*