# PPP loan: METRO EDUCARE, LLC
> **$237K** approved 04/16/2020 · Paid in Full · Loan `2407377208`
## Borrower
- **Name:** METRO EDUCARE, LLC
- **Address:** 15 West 38th Street 7th Fl, NEW YORK, NY, 10018
- **NAICS:** 611430
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Rent:** $50K
- **Mortgage interest:** $3K
- **Utilities:** $2K
- **Jobs reported:** 131
## 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*