# PPP loan: BG STUDIO INTERNATIONAL INC.
> **$189K** approved 05/01/2020 · Paid in Full · Loan `2011897705`
## Borrower
- **Name:** BG STUDIO INTERNATIONAL INC.
- **Address:** 264 W 40TH ST RM 302, NEW YORK, NY, 10018
- **NAICS:** 541410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $20K
- **Utilities:** $500
- **Health care:** $4K
- **Jobs reported:** 5
## 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*