# PPP loan: TANGIER LLC
> **$450K** approved 04/16/2020 · Exemption 4 · Loan `2431287205`
## Borrower
- **Name:** TANGIER LLC
- **Address:** 311 CHURCH ST, NEW YORK, NY, 10013
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $29K (6%)
- **Forgiveness date:** 03/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Rent:** $80K
- **Utilities:** $8K
- **Health care:** $12K
- **Jobs reported:** 55
## 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*