# PPP loan: JAGG MANAGEMENT CORPORATION
> **$436K** approved 05/01/2020 · Paid in Full · Loan `2240877703`
## Borrower
- **Name:** JAGG MANAGEMENT CORPORATION
- **Address:** 5208 GRAND AVE, MASPETH, NY, 11378
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Rent:** $34K
- **Utilities:** $26K
- **Debt interest:** $84K
- **Jobs reported:** 20
## 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*