# PPP loan: COVENANT HOUSE
> **$2.00M** approved 04/11/2020 · Paid in Full · Loan `2785407103`
## Borrower
- **Name:** COVENANT HOUSE
- **Address:** 5 Penn Plaza, 3rd Floor 0.0, New York, NY, 10001-1810
- **NAICS:** 624221
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $393K
- **Utilities:** $6K
- **Health care:** $162K
- **Jobs reported:** 96
## 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*