# PPP loan: LOOMSTATE LLC
> **$259K** approved 04/10/2020 · Paid in Full · Loan `2019657109`
## Borrower
- **Name:** LOOMSTATE LLC
- **Address:** 270 BOWERY 0.0, NEW YORK, NY, 10012-3674
- **NAICS:** 541490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $263K (102%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Health care:** $38K
- **Jobs reported:** 26
## 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*