# PPP loan: 616 FIRST AVENUE DEVELOPER LLC
> **$495K** approved 05/01/2020 · Charged Off · Loan `2710107701`
## Borrower
- **Name:** 616 FIRST AVENUE DEVELOPER LLC
- **Address:** 104 5TH AVE FL 9, NEW YORK, NY, 10011
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $495K
- **Jobs reported:** 350
## 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*