# PPP loan: EXPRESS TRADE CAPITAL, INC.
> **$783K** approved 05/01/2020 · Charged Off · Loan `2530577705`
## Borrower
- **Name:** EXPRESS TRADE CAPITAL, INC.
- **Address:** 1410 BROADWAY FL 26, NEW YORK, NY, 10018
- **NAICS:** 522298
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $676K
- **Rent:** $49K
- **Utilities:** $2K
- **Health care:** $56K
- **Jobs reported:** 29
## 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*