# PPP loan: AM RE SYNDICATE INC.
> **$339K** approved 05/01/2020 · Paid in Full · Loan `1998197710`
## Borrower
- **Name:** AM RE SYNDICATE INC.
- **Address:** 17 STATE STREET SUITE 630, NEW YORK CITY, NY, 10004
- **NAICS:** 611512
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $233K
- **Rent:** $66K
- **Utilities:** $5K
- **Health care:** $35K
- **Jobs reported:** 160
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*