# PPP loan: POETS & WRITERS INC
> **$409K** approved 05/01/2020 · Paid in Full · Loan `1968717710`
## Borrower
- **Name:** POETS & WRITERS INC
- **Address:** BILL HAYES, NEW YORK, NY, 10004
- **NAICS:** 813410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $61K
- **Utilities:** $5K
- **Health care:** $36K
- **Jobs reported:** 24
## 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*