# PPP loan: OUCH INDUSTRIES INC.
> **$206K** approved 05/01/2020 · Paid in Full · Loan `2527667707`
## Borrower
- **Name:** OUCH INDUSTRIES INC.
- **Address:** 51 Route 100, BRIARCLIFF MANOR, NY, 10510
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Rent:** $15K
- **Utilities:** $2K
- **Jobs reported:** 120
## 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*