# PPP loan: PIZZA OF 32 SPRING STREET, INC. DBA LOMBARDI'S
> **$375K** approved 05/01/2020 · Exemption 4 · Loan `1987487708`
## Borrower
- **Name:** PIZZA OF 32 SPRING STREET, INC. DBA LOMBARDI'S
- **Address:** 32 SPRING ST, NEW YORK, NY, 10012
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $240K (64%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $100K
- **Utilities:** $15K
- **Health care:** $5K
- **Jobs reported:** 500
## 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*