# PPP loan: LADDERS, INC.
> **$1.44M** approved 04/10/2020 · Paid in Full · Loan `1854507109`
## Borrower
- **Name:** LADDERS, INC.
- **Address:** 55 Water Street 51st Floor, New York, NY, 10041-0033
- **NAICS:** 519130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Mortgage interest:** $320K
- **Utilities:** $52K
- **Health care:** $70K
- **Jobs reported:** 40
## 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*