# PPP loan: ARSENAL COMMUNICATIONS INC. DBA ARSENAL NEW YORK
> **$688K** approved 04/15/2020 · Paid in Full · Loan `1957757204`
## Borrower
- **Name:** ARSENAL COMMUNICATIONS INC. DBA ARSENAL NEW YORK
- **Address:** 275 W 39TH ST FL 3, NEW YORK, NY, 10018
- **NAICS:** 541430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $622K (90%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Rent:** $130K
- **Utilities:** $14K
- **Health care:** $14K
- **Jobs reported:** 33
## 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*