# PPP loan: MPM ENTERPRISES, INC.
> **$344K** approved 05/01/2020 · Paid in Full · Loan `2106827709`
## Borrower
- **Name:** MPM ENTERPRISES, INC.
- **Address:** 754-756 UNION STREET, Brooklyn, NY, 11215
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $27K
- **Utilities:** $9K
- **Jobs reported:** 40
## 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*