# PPP loan: LEE STRASBERG THEATRICAL INSTITUTE, INC.
> **$902K** approved 05/01/2020 · Paid in Full · Loan `2664417709`
## Borrower
- **Name:** LEE STRASBERG THEATRICAL INSTITUTE, INC.
- **Address:** 115 E 15th St, New York, NY, 10003
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $902K
- **Initial approval:** $902K
- **Forgiven:** $912K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $722K
- **Mortgage interest:** $53K
- **Utilities:** $21K
- **Health care:** $34K
- **Debt interest:** $72K
- **Jobs reported:** 136
## 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*