# PPP loan: LAFAYETTE STREET PARTNERS II LLC
> **$1.47M** approved 04/15/2020 · Exemption 4 · Loan `2247017205`
## Borrower
- **Name:** LAFAYETTE STREET PARTNERS II LLC
- **Address:** 520 BROADWAY FL 10, NEW YORK, NY, 10012
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $762K (52%)
- **Forgiveness date:** 08/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Rent:** $327K
- **Utilities:** $40K
- **Jobs reported:** 154
## 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*